By integrating with Cardano, Acredius users will be able to invest in SMEs using the ADA cryptocurrency.
Acredius, a finance platform, has announced that its users will be able to invest in small and medium-sized enterprises using ADA, the native token of the Cardano blockchain. This will provide investors with more investment flexibility and transparency.
Acredius is a Swiss financial technology platform that encourages the growth and development of small and medium-sized enterprises (SMEs) by connecting investors and borrowers. The business platform connects investors looking to lend money to small and medium-sized enterprises (SMEs) with borrowers in need of financing.
The partnership with Cardano may increase demand for the ADA token and drive its price higher in the long run. Cardano’s expanding ecosystem is strengthened, and the favourable effects of blockchain technology are outlined.
Since dropping from its mid-April high of $0.46, Cardano’s price has remained below $0.4. ADA bulls have been unable to break over $0.37, and a general crypto market slump is expected to aid the negative picture.
If ADA falls below the $0.35 support level, it may find further support at the $0.31 level. A retest of the $0.43 barrier might spark a rally to the next resistance level, now at $0.48, should bulls recapture the $0.40 in the coming weeks.
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