Cardano founder Charles Hoskinson stated that the privacy blockchain project Midnight has finalized a partnership in Japan, with further details to be announced later. Following this announcement, market attention has shifted back to Cardano's expansion pace in the Japanese market.

Midnight has finalized a collaboration with Japan.

In a recent travel update, Hoskinson stated that his trip to Japan was primarily to meet with large corporations and introduce Midnight's positioning and application directions. He mentioned that companies are increasingly prioritizing privacy protection capabilities when evaluating blockchain solutions.

He also revealed that the team has finalized an agreement for Midnight in Japan, stating that this collaboration is related to the liquidity of the NIGHT token in Japan. However, he did not disclose the name of the partner, only saying that more details would be revealed later.

Payment cooperation is being promoted simultaneously.

At the same time, Cardano's business entity EMURGO announced a partnership with Japanese fintech company Slash Vision Labs and a collaboration agreement with crypto platform SecondFi.

According to the disclosure, Japanese users will soon be able to apply for a Cardano Card and use stablecoins for purchases on Japanese payment networks, covering common QR code payment scenarios in daily shopping.

The Japanese market presence continues to deepen.

Japan has always been one of Cardano's core markets, boasting a large ADA user base and a relatively clear regulatory environment. With the announcement of the Midnight collaboration and the advancement of the Cardano Card, Cardano is continuing to deepen its business presence in the region.

The original article also mentioned that if these collaborations bring more users and on-chain activity, it could help increase the demand for ADA. Regarding price trends, the article only cites analysts' opinions and does not provide further data to support them.