Crypto
Cardano Treasury Faces $5M Copper Bet: ADA Holders Must Back a Record Metal Price to Break Even
Toto Finance is asking Cardano's treasury for 22 million ADA — worth roughly $5 million — to purchase tokenized copper, but the metal would need to trade well above its existing all-time high for holders to recoup the investment. It's a high-stakes commodities bet dressed up as a DeFi proposal.