Cardano launches the Orion Fund in 2026, releasing 50 million ADA and shifting to an investment-driven expansion strategy. The fund size is $80 million, with the goal of activating Bitcoin liquidity, and the overall ecosystem expansion relies on the DeFi sector. At the same time, Cardano’s on-chain TVL target is $3 billion; stablecoin liquidity and real demand are key challenges.

Gate News update: On April 7, the Cardano Foundation announced the launch of the $80 million Orion Fund with Draper Dragon, aiming to support strategic initiatives by Cardano-native and integrated enterprises, expand on-chain utility, and strengthen the ecosystem. The fund will be managed by Draper Dragon, with the Cardano Foundation serving as the charter manager and providing the necessary ecosystem and technical support.

The UK Treasury has selected HSBC's blockchain platform Orion to pilot the issuance of digital government bonds DIGIT. HSBC stated that blockchain can accelerate settlement and improve efficiency in the debt market. This project will be conducted in a regulated testing environment, and the Orion platform has successfully issued over $3.5 billion in digital bonds.

BlockBeats News, December 30, according to Businesswire, the US-listed Bitcoin crypto treasury (DAT) company Mogo announced it will change its name to Orion Digital, and is expected to start trading under the new stock code ORIO on January 2, 2026. Currently, it holds approximately $24 million worth of Bitcoin.

Orion Compute announces entry into Bitcoin mining and AI data centers, focusing on markets with low-cost energy, planning to establish in West Texas, USA, with subsequent expansion into developing economies. The deployment will be phased to reduce costs and ensure power supply, while building dual-purpose infrastructure.