Emurgo will invest over $200 million to strengthen the Cardano ecosystem

The creator of Emurgo, a Cardano development lab, Ken Kodama, told on the sidelines of the current Token 2049 conference on Thursday that the company will spend over $200 million to assist the ecosystem’s growth over the next three years.

The funds, which come from Emurgo’s own money, will be given to projects that are directly built on top of Cardano as well as to projects from other networks that are developing goods that combine Cardano’s network with their own.