Investing in Cardano
Cardano (ADA) was created in 2015 by technologists Charles Hoskinson and Jeremy Wood, who were both early contributors to Ethereum. Cardano enables owners of ADA, the principal currency on the Cardano network, to operate its network and vote on changes to its software rules. Likewise, developers can use the Cardano blockchain for features, including running smart contracts, which allow for the development of decentralised applications. It is one of several competing layer-1 smart contract blockchain networks.
Cardano’s unique approach emphasises its peer-reviewed, research-driven approach to design. This approach aims to achieve academic rigour, which it believes will propel the eventual adoption of its technology.
The WisdomTree Physical Cardano ETP gives investors access to this exciting new asset class in a simple, secure and low-cost way through regulated, major European markets.
Why invest in Cardano?
ADA is the native token, and it serves three primary purposes:
Why WisdomTree Physical Cardano?
Whilst investor demand for cryptocurrencies is becoming more prevalent, over the years many investors have faced difficulties gaining convenient and secure access to the asset. Cryptocurrency ETPs bridge the gap between traditional investment vehicles and a growing asset.
WisdomTree was the first established ETP issuer to provide European investors with institutional-grade physically backed crypto exposure, following the launch of the WisdomTree Physical Bitcoin in December 2019. Our physically backed crypto ETPs leverage WisdomTree’s deep expertise in physically backed ETPs, gained from 20 years of experience providing and managing physical gold ETPs.