Intersect releases Cardano Critical Integrations V2 proposal

Foresight News reports that the Cardano ecosystem governance organization Intersect has released the Cardano Critical Integrations V2 proposal. This proposal requests 23 million ADA (approximately 23 million US dollars) to support the second year of key Cardano infrastructure, including the maintenance, enhancement, and ongoing delivery of projects such as Circle (USDCx), LayerZero, Pyth, Dune, and the addition of native integration with Fireblocks.

This proposal was jointly submitted by the Cardano Foundation, Input Output Group, EMURGO, and Midnight Foundation through the Pentad structure, with Intersect serving as the administrator (without voting rights). The proposal has now entered the community voting stage.