{"id":82011,"date":"2026-04-17T12:17:37","date_gmt":"2026-04-17T12:17:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=82011"},"modified":"2026-04-17T12:17:37","modified_gmt":"2026-04-17T12:17:37","slug":"cardano-ceo-announces-breakthrough-can-ada-break-out","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=82011","title":{"rendered":"Cardano CEO Announces Breakthrough: Can ADA Break Out?"},"content":{"rendered":"<div>\n<p><strong>Cardano<\/strong> <a class=\"ticker-link\" data-ticker=\"ADA\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/ADA-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ada\/usd\">ADA<\/a>) CEO <strong>Frederik Gregaard<\/strong> said the network cut audit costs by 50% for institutions and listed a $100 million reinsurance product on the London Stock Exchange.<\/p>\n<h3 class=\"wp-block-heading\">The Audit Cost Breakthrough<\/h3>\n<p>The Cardano Foundation posted 7,000 financial transactions using a product called Leccia on the blockchain.<\/p>\n<p>Grant Thornton then used legal entity identifiers to download all transactions, compare them to the bookkeeping ledger, and sign the audit.<\/p>\n<p>The process proved institutions can lower audit costs by nearly 50% while moving from spot checks to full architectural audits that examine all transactions, Gregaard <a href=\"https:\/\/www.youtube.com\/watch?v=j8f0qeT76TY\">told<\/a> Cointelegraph at Paris Blockchain Week.<\/p>\n<p>\u201cInstead of a spot check of transactions, they can look at all the transactions,\u201d Gregaard said. \u201cWe are the only blockchain who has enabled that using legal entity identifiers.\u201d<\/p>\n<h3 class=\"wp-block-heading\">The London Stock Exchange Play<\/h3>\n<p>Cardano partnered with Members Cap to tokenize exposure to Hannover Re, one of the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51880073\/cardano-ceo-announces-breakthrough-can-ada-break-out?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Cardano\" ceo announces breakthrough: can ada break out>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (CRYPTO: ADA) CEO Frederik Gregaard said the network cut audit costs by 50% for institutions and listed a $100 million reinsurance product on the London Stock Exchange. The Audit Cost Breakthrough The Cardano Foundation posted 7,000 financial transactions using a product called Leccia on the blockchain. Grant Thornton then used legal entity identifiers to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-82011","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/82011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82011"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/82011\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}