Cardano Releases First-Ever Bitcoin DeFi Protocol: Why It Matters

Cardano's research and engineering arm, Input Output Global (IOG), has unveiled “Cardinal,” the first protocol that allows native Bitcoin unspent transaction outputs (UTXOs) — including Ordinals — to circulate inside Cardano-based decentralized-finance markets without custodians or federations.

Source: bitcoinist.com

Related symbols: ADAUSD