Weekly Cardano Digest #60

Cardano Digest: Tokeo Integrates Bitcoin, New Cardano ETP, Walmart ADA Cashback, & More!

Hey Cardanians! Welcome aboard the Weekly Cardano Digest #60!!

We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.

Here are the topics of the week:

  • Tokeo Integrates Bitcoin into Its Wallet

  • Cardano Expands into Traditional Finance with New ETP

  • Walmart Now Offers ADA Cashback

  • Weekly Development Report

  • & More!

Tokeo Integrates Bitcoin into Its Wallet

Cardano´s Tokeo wallet continues to expand its functionality by integrating Bitcoin into its wallet, bringing new features for both iOS and Android users.

What’s new?

  • Send/Receive BTC

  • Send/Receive Runes & Ordinals

  • Access Runes & BTC Charts

This update allows for seamless Bitcoin transactions, enhancing the overall user experience. Stay tuned for further updates! Follow Tokeo for more updates: @Tokeo_io

Cardano Expands into Traditional Finance with New ETP

Cardano is making strides in traditional finance, marking a major milestone with the launch of a new exchange-traded product (ETP) in Europe. The increasing demand for regulated and institution-friendly crypto products has led to the introduction of the Virtune Staked Cardano ETP (VIRADAE) on Nasdaq Helsinki.

Key Details:

  • Issued by: Virtune, a Helsinki-based crypto asset management company.

  • Ticker: VIRADAE

  • Fee: 1.49% annual management fee

  • Backing: Fully backed 1:1 with ADA, held in cold storage by Coinbase.

  • Rewards: Holders can earn an 2% from staking rewards.

  • Where to trade: Available on Nasdaq Helsinki and Nasdaq Stockholm through brokers like Avanza, Nordnet, Strivo, and Pareto Securities.

How This Benefits Cardano

This ETP brings institutional exposure to Cardano, making it more accessible to retail and institutional investors. The staking rewards integrated into the product highlight Cardano’s strong staking mechanics, attracting long-term investors. With traditional finance embracing ADA, the network is positioning itself as a major player in the regulated financial sector. Read more

Walmart soon to Offer ADA Cashback Through Yoroi Wallet

One of the world’s largest retail giants, Walmart, is now linked to Cardano through a Web3 cashback program. This initiative, launched by Bring and Yoroi Wallet, allows users to earn ADA cashback on Walmart purchases.

Why This Matters for Cardano

  • Encourages retail adoption of ADA as a reward mechanism.

  • Motivates new users to create self custody wallets.

  • Strengthens Cardano’s exposure in mainstream commerce.

  • Adds another real-world use case for ADA in everyday purchases.

More About the Companies Involved

  • Yoroi Wallet: Developed by EMURGO, it was the first software wallet for Cardano. Visit Yoroi

  • Bring: A white-label crypto cashback company that partners with wallets and platforms to offer rewards. Visit Bring

This Web3 cashback initiative bridges traditional retail with crypto adoption, making it easier than ever to earn ADA while shopping. As more retailers explore blockchain integrations, expect to see more programs like this in the future.

Interesting Stories

🎊 A Message from Lucas

Hey Cardano fam!

This week is packed with exciting developments. Tokeo is integrating Bitcoin into its wallet, bridging two major blockchain ecosystems. Bitcoin integration will become a big narrative for 2025.

Also, Cardano continues its expansion into traditional finance with a brand-new ETP, opening doors for institutional investors. I don’t know if you notice, but we’ve included ETF or Related news for like 5 consecutive newsletters, it’s just crazy how much institutional adoption of crypto and ADA is getting.

And yes… Walmart will soon offer ADA cashback! This is a huge step toward mainstream adoption, showing that Cardano is making its way into everyday transactions.

As always, our ecosystem keeps evolving. Let’s keep pushing forward and shaping the future of Cardano.

-Lucas Macchiavelli

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