Key Notes

Cardano, alongside top Layer-1 chains, is now a pioneer of MembersCap's tokenization reinsurance fund.

The new offering is called MCM Fund I with backing from Cardano Foundation.

Cardano price shows signs of a rebound, trading around $0.8233 with growing market capitalization.

Cardano ADA $0.82 24h volatility: 0.1% Market cap: $30.10 B Vol. 24h: $1.64 B is in the spotlight after it joined MembersCap as one of the pioneers for its tokenization reinsurance fund.

Dubbed “MCM Fund I,” this is the first-of-its-kind institutional-grade offering in the industry. It is supported by several blockchains, including Aptos APT $4.33 24h volatility: 1.4% Market cap: $3.03 B Vol. 24h: $630.37 M , Base, and Solana SOL $219.8

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