Cardano weighs $5M copper purchase from treasury
- —14.72 million ADA, or 67% of the request, would fund the actual copper purchase
- —CuTT on Ethereum will represent one pound of copper, later bridged to Cardano
- —Copper must reach $10.06 per pound versus $6.56 now to recoup the investment
- —Holding period is 18–24 months, with full return to treasury within 36 months
Why it matters: The vote tests whether Cardano's governance will fund unconventional RWA assets from its treasury and how that affects ADA.
Source: BTC-ECHO