Kadena, a public blockchain project, launches a $50 million ecosystem fund and disburses its first funding

According to Cryptoslate, Kadena, a public blockchain project focused on Layer1 blockchain technology, announced the launch of a $50 million ecosystem fund and completed its first funding disbursement, allocating $400000 to CurveBlock, a UK based startup currently exploring real estate tokenization in a regulated financial sandbox. It is reported that half of the funds in Kadena's funding program ($25 million) will be used to support RWA tokenization projects, mainly covering areas such as debt instruments, money market funds, government bonds, real estate tokenization, and alternative assets.