Swiss lender Acredius has launched on the Cardano blockchain, allowing investors to use the native token ADA to invest in small and medium-sized businesses (SMEs). The integration also enables the tokenization of loans through smart contracts, making it easier for retail investors to participate in the lending market.
Acredius aims to revolutionize the lending marketplace by supporting SMEs and providing a platform for investors to lend money. The collaboration with Cardano could boost adoption of the ADA token and highlights the positive impact of blockchain technology. However, the ADA price has struggled to break above $0.37 since mid-April.
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