$KDA

Golden Finance reported that, according to Crowdfund Insider, Kadena, a company focusing on Layer1 Blockchain technology, announced a strategic partnership with Ownera. Through this collaboration, Kadena will utilize its high-performance Blockchain technology to support Ownera's IOWN Tokenization.

Blockchain project Kadena has hired former DCG executive Alana Ackerman as chief advisor and plans to launch institutional tokenization products in collaboration with major asset management companies. In addition, the Kadena engineering team is developing new tools, including a bridge connecting Ethereum and Cosmos, as well as a bridge focused on zero-knowledge. Its market capitalization is $150 million and it does not intend to raise more funds.

The Fed cuts interest rates by 50 basis points, and AltCoins are all on the rise. KDA, SAGA, SEI, BLUR, TIA, and other AltCoins have all seen a 24-hour increase of over 14%. KDA has the largest increase, reaching 22.64%.