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Charles Hoskinson says Cardano treasury won’t cover listing fees for SNEK or Midnight

2025-08-04 01:53:24

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Cardano founder Charles Hoskinson has ended speculation that the Cardano Treasury will be used to pay exchange listing fees for ecosystem tokens. In a direct statement posted on X , Hoskinson clarified that projects like SNEK and Midnight will not be receiving ADA from the treasury for this purpose. The primary meme coin in the Cardano ecosystem, SNEK, has suggested asking the Treasury for 5 million ADA. The goal? They are allegedly going after Hyperliquid, a relatively young centralized exchang...

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