Cardano (ADA) founder Charles Hoskinson has hinted at a new partnership in Japan as part of Cardano’s partner chain project, Midnight ($NIGHT).
Hoskinson said Midnight was “something completed”, adding that it was linked to $NIGHT liquidity in Japan.
Hoskinson commented on the development, saying: “We have something finalized for Midnight; it’s related to $NIGHT liquidity in Japan. It’s really exciting. I never thought I would make a deal with this company. However, Hoskinson did not share the company name or details of the deal.
The Cardano founder also noted that there are significant areas of overlap between Stellar and Cardano.
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In his assessment of the period ahead, Hoskinson described the summer months as a “building period”. Hoskinson said: “The summer will be fun; it will be a summer of development. And in the fall we will have the opportunity to introduce a lot of new and great things.”
Addressing the issue of regulation, Hoskinson argued that Cardano and Midnight would become mature blockchains, stating that he was not concerned about regulatory uncertainties for his own projects. However, he acknowledged that various challenges remain in the cryptocurrency sector as a whole.
Hoskinson also said that his recent comments about Cardano were taken out of context. He said some people interpreted his words as “Cardano is dead,” but argued that he actually meant the exact opposite.
*This does not constitute investment advice.
