The post Cardano $80M Fund With Draper Dragon Unveiled appeared on BitcoinEthereumNews.com.

Cardano and Draper Dragon launch $80M Orion Fund to support startups and expand institutional blockchain adoption. Orion Fund targets Real-World Assets and DeFi to grow Cardano’s TVL and on-chain activity. The fund leverages the UTXO model to connect Bitcoin liquidity with Cardano smart contract functionality. Cardano has announced a new $80 million ecosystem fund in partnership with Draper Dragon. The initiative aims to support startups and expand institutional adoption. Named the Orion Fund, the program focuses on building real-world use cases and increasing on-chain activity. The fund also seeks to connect traditional finance with blockchain-based solutions, according to a recent press release. Orion Fund Structure and Strategic Objectives The Orion Fund will be managed by Draper Dragon, while the Cardano Foundation will act as a constitutional administrator. The Foundation will provide technical support and ecosystem guidance. However, it will not manage investment decisions. Cardano and @DraperDragon today announce the initial phase of the strategic $80M Draper Dragon Ecosystem Fund, the @OrionFund, to drive institutional adoption. The Cardano Foundation is proud to serve as constitutional administrator, providing essential technical and ecosystem… pic.twitter.com/LKY4YXb3CW — Cardano Foundation (@Cardano_CF) April 7, 2026 In a recent press release, the organizations stated that the initiative supports Cardano-native and integrated companies. The structure allows independent investment decisions while maintaining alignment with Cardano’s principles. The fund will focus on sectors such as Real-World Assets and Institutional DeFi. These areas are key drivers of on-chain growth and adoption. The goal is to increase total value locked and expand Cardano’s utility. In addition, the Orion Fund introduces an equity-based model alongside grants. This approach allows the ecosystem to benefit from long-term project growth. It also supports startups in building scalable and compliant solutions. Focus on UTXO Model and Bitcoin Integration One of the core goals of the Orion Fund is…

---

Filed under: News - @ April 7, 2026 10:23 pm