A joint proposal has been filed requesting 70 million ADA from the Treasury, with the goal of rolling out infrastructure that stakeholders say the ecosystem still lacks.
Rather than pitching new dApps or experimental projects, the filing focuses exclusively on essential plumbing — the technology that developers and institutions rely on long before retail adoption arrives.
Based on coalition documents, the package prioritizes infrastructure that would make Cardano more usable for DeFi and institutional applications. The requested resources would be directed toward:
The institutions involved say negotiations with integration partners are already underway. The proposal cannot move forward without approval from Delegated Representatives and the Constitutional Committee.
The timing of the filing follows a brief chain split earlier this month. A delegation transaction exploiting an old cryptography library flaw on the Preview testnet caused the Cardano blockchain to temporarily fork before validators coordinated to resolve it. With service stability restored, attention turned back to long-term upgrades.
Founder Charles Hoskinson addressed the situation during his Thanksgiving for Unity livestream, calling for better synchronization across the ecosystem’s leadership groups. He acknowledged that disagreements over the past year — including governance disputes and reorg concerns — had strained relationships between key institutions.
Hoskinson said he accepts responsibility for some of the tension and urged the ecosystem not to polarize. He explained that Cardano’s 2026 phase only works if institutions operate together, not competitively.
Hoskinson described ongoing coordination between IOG, the Cardano Foundation, EMURGO, Intersect and the Midnight Foundation, emphasizing that the community will see more co-authored proposals rather than divided governance tracks. The funding request for “critical integrations” is the first example.
He also dismissed claims that the recent chain incident reflected structural fragility, arguing instead that Cardano’s Nakamoto-style PoS architecture allowed the network to recover quickly, without loss of data or user funds.
According to Hoskinson, the network now requires participation from every layer — large institutions, new ecosystem foundations, infrastructure firms like Pragma, and the broader community. The goal is to push Cardano toward a stage where financial, real-world and institutional assets can operate natively.
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