Institutional investors rely on Cardano before Vasil update

 

Institutional investors invested around $400,000 in Cardano products, ETFs, ETPS, etc. this week , according to CoinShares, Europe's largest digital wealth manager.

It's a fourfold increase from the previous week.

A total of $14 million has been invested in Cardano.

Cardano is getting a big update this month, Vasil. It should make the blockchain several thousand percent faster, making it suitable for the masses.

The launch is planned for mid-September. You can read all about the changes here .

Development has not gone smoothly so far. A critical bug was found and the publication was postponed several times .

On other fronts, too, Cardano is passing one milestone after another .

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