Odaily Planet Daily reports that MCN Group announced today that it has completed the full acquisition of the NADI public chain (NADI Chain) and will undergo a comprehensive strategic restructuring.
Both parties plan to integrate their technological advantages and global user resources, fully incorporate the NADI public chain into the MCN ecosystem, and jointly create a new public chain, MCN Chain, dedicated to building a comprehensive, multi-dimensional AI + blockchain ecosystem.
According to the acquisition and restructuring plan, the new public chain will use MCN as the official sole native token. MCN Group will invest funds to deeply empower the new public chain through technological research and development, ecosystem incentives, and market expansion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Aave Liquidates Kelp DAO Attacker's rsETH Positions
Onchain lending platform Aave has liquidated the Kelp DAO attacker's remaining rsETH positions as part of a previously announced recovery plan, according to an announcement on Wednesday. The liquidated collateral will be moved into the Recovery Guardian, a designated multisig managed by the DeFi Uni
CryptoFrontier3h ago
Circle's USYC Hits $30 Billion in Assets, Becomes World's Largest Tokenized Money Market Fund on May 7
According to BlockBeats, Circle's USYC reached $30 billion in assets under management on May 7, becoming the world's largest tokenized money market fund. USYC tokenizes traditional money market funds on-chain, allowing institutional investors to hold, trade, and manage yield-bearing assets. The fund
GateNews7h ago
Cardano Launches Draper Dragon Orion Fund for Ecosystem Growth
Cardano activated the Draper Dragon Orion Fund on May 6, 2026, marking its first professionally managed investment vehicle backed by treasury resources, according to an announcement by Dave (@ItsDave_ADA). The initiative was approved through on-chain governance with support from Delegated
CryptoFrontier9h ago
Drift Protocol Clarifies Early Redemption Mechanism: Discounted Shares at Current Pool Ratio
According to Drift Protocol's official announcement today, users can redeem assets anytime after redemption opens, but those choosing early redemption will receive discounted shares based on the current fund pool ratio.
As the fund pool continues to grow, holders who delay redemption may receive
GateNews10h ago
Ripple Treasury Tops $13 Trillion as CEO Outlines Phased On-Chain Strategy
Ripple CEO Brad Garlinghouse outlined a phased approach to blockchain integration at Consensus Miami 2026, stating the company will "crawl, then walk, then run" to move institutional financial flows onto on-chain infrastructure. According to Garlinghouse's remarks, Ripple Treasury has already proces
CryptoFrontier12h ago
Kelp DAO Ditches LayerZero for Chainlink CCIP Following $292M Exploit
According to The Block, Kelp DAO is abandoning LayerZero as its cross-chain infrastructure provider in favor of Chainlink, becoming the first major protocol to move away from LayerZero following the $292 million
GateNews13h ago
