Cardano in Line For Institutional-Grade Upgrade Via Apex Fusion and Well-Typed Partnership

Key Points

1. Apex Fusion, a blockchain protocol embedded in Cardano’s open-source foundation, is collaborating with Well-Typed, a Haskell engineering firm, to bolster Cardano’s ecosystem.

2. Well-Typed, part of Cardano’s core development team since the Byron Era, will conduct audits, design reviews, and implementation guidelines for VECTOR, an institutional-grade Cardano codebase.

3. The partnership aims to ensure VECTOR aligns with Cardano’s principles, enhancing technical reliability for DeFi and institutional uses.

4. Duncan Coutts, a Cardano architect, highlighted the significance of reusing the Cardano codebase for novel implementations like VECTOR, emphasizing high engineering standards.

5. Over 2,000 projects are being built on Cardano, with 1.33 million wallets staking ADA, and the token will soon integrate into the Brave browser wallet, expanding its reach to 60 million+ users.