Cardano Treasury Proposes RWA Infrastructure as Grayscale ADA ETF Nears Launch

A proposal requesting 1.33M ADA has been submitted to Cardano's treasury, aiming to establish open-source infrastructure for real-world asset tokenization in agriculture and real estate. This initiative is part of the broader trend of decentralized finance (DeFi) and blockchain adoption in traditional sectors.

Separately, Grayscale's Smart Contract Fund has increased ADA's weighting back to 18.33%, ranking it third behind Solana and Ethereum. The company's ADA ETF is estimated to launch by October 23, 2026, with deadlines for S1 amendments concentrated across August through October.