The Cardano ecosystem venture fund (cFund) has formally announced its first-ever investment move in COTI, a power grid for global payments. This new move will see both parties collaborate to bring new products and services to users, with the management of COTI also confirming the news.
COTI is a firm that works to bring enterprise-level fintech products and services specifically to organizations. By making use of COTI, these organizations can not only build their own payment solutions but also digitize any currency they wish to, creating a more robust and transparent payment ecosystem. Cardano and COTI have already been in collaboration in the past, but COTI’s work caught the attention of the cFund, and through this new venture, the two companies can collaborate even more.
