Cardano's Midnight Network Poised for Billions in TVL with Monument Bank Partnership

Cardano's Midnight Network Poised for Billions in TVL with Monument Bank Partnership

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Cardano founder Charles Hoskinson has announced a significant partnership between Cardano's privacy-focused Midnight network and Monument Bank. This deal, described as potentially one of the network's biggest commercial wins, involves the UK lender planning to onboard retail customer deposits onto a public blockchain. Hoskinson anticipates this move could bring billions in Total Value Locked (TVL) to the Cardano ecosystem.

Cardano founder Charles Hoskinson says Midnight’s new partnership with Monument Bank could become one of the biggest commercial wins yet for the privacy-focused network, after the UK lender unveiled plans to put retail customer deposits on a public blockchain. In a post on X, the Cardano founder wrote: “This is one of the largest deals […]