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CryptoMediumUpdated•Originally published 24 April 2026•Updated 24 April 2026•

1 min read

Cardano Founder Launches Midnight Blockchain with Google and UK Bank Partnerships

Key Facts

1Charles Hoskinson announced partnerships for the Midnight blockchain with Google Cloud, MoneyGram, and Vodafone.

2UK bank Monument has committed $250 million in tokenized deposits at launch for the Midnight blockchain.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Added specific details regarding Bitcoin yield generation and micro-lending capabilities on the Midnight network.

Cardano founder Charles Hoskinson has officially unveiled the Midnight blockchain, a privacy-focused network featuring high-profile partnerships with Google Cloud, MoneyGram, and Vodafone. In a significant boost for institutional adoption, UK-based Monument Bank has committed $250 million in tokenized deposits to the platform at launch. Beyond compliance, the network introduces new utility by enabling users to generate yield on their Bitcoin holdings through the facilitation of micro-loans. Midnight is designed to balance decentralized privacy with regulatory requirements, allowing for seamless cross-chain interactions. This strategic move targets the integration of traditional finance within the blockchain space while adhering to UK financial regulations. Analysts view the addition of Bitcoin yield capabilities as a bullish driver for the broader Cardano ecosystem and the future of tokenized real-world assets.