Cardano Founder Says This Midnight Deal Could Bring Billions In TVL

Cardano founder Charles Hoskinson highlighted a new partnership between Midnight (Cardano's privacy network) and Monument Bank, where the UK lender plans to put retail customer deposits on a public blockchain. Hoskinson described this as potentially one of the largest commercial deals for the privacy-focused network, with the potential to bring billions in total value locked (TVL).

• →Monument Bank, a UK lender, has partnered with Midnight to put retail customer deposits on a public blockchain.
• →Charles Hoskinson views this as one of the biggest commercial wins for Cardano's privacy-focused Midnight network.
• →The deal has potential to bring billions in total value locked (TVL) to the Midnight ecosystem.
• →This represents a significant real-world adoption case for blockchain technology in traditional banking.
• →The partnership showcases institutional interest in privacy-focused blockchain solutions for financial services.