EMURGO CEO Praises Hoskinson, Says Midnight Completes Missing Layer in Cardano Architecture
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EMURGO CEO Phillip Pon says the Midnight launch on April 15, 2026 completes a previously missing layer in Cardano architecture, a foundational protocol update that Charles Hoskinson says complements (not competes with) Cardano. Midnight is framed to enhance Cardano's DeFi and DEX capabilities, improving ecosystem modularity and developer adoption; no token launch, fundraising, or security incident details were reported.
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EMURGO CEO Phillip Pon says the launch of Midnight delivers a foundational capability that completes an important missing layer in Cardano architecture. This aligns with Cardano founder Charles Hoskinson's commentary that Midnight is designed to complement Cardano, not compete with it.
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