Input Output Global (IOG), the developer of Cardano, announced its membership in Blockchain for Europe aimed at shaping policy in digital finance and decentralized finance.
Joining Blockchain for Europe
IOG became a member of Blockchain for Europe on August 20, 2025. The announcement was made during an event in London and Brussels, as well as at the Wyoming Blockchain Symposium. This trade group brings together blockchain companies and regulators in the European Union, working on policies covering digital currencies, payments, and decentralized finance. By joining, IOG entered the same forum as Coinbase, Chainalysis, Kraken, Ava Labs, and the Ethereum Foundation.
Focus on Standards and Interoperability
IOG emphasizes the need for blockchains that do not exist in isolation. Progress depends on systems that can work together across different platforms, requiring standards for identity, privacy, and security. This is being positioned as a means to enhance trust in blockchain networks and support the growth of decentralized finance.
ADA Among Top Weekly Performers
The policy announcement coincided with a strong performance week for Cardano’s token, ADA. On August 20, 2025, ADA ranked third in weekly performance among the top 100 cryptocurrencies, trading around $0.9215 with a 24-hour trading volume of $2.31 billion and a market cap above $33 billion. Analysts noted that ADA needed to break above $0.940 to regain momentum and potentially test the $1.00 level.
IOG's membership in Blockchain for Europe highlights Cardano's active role in policy discussions regarding digital finance in Europe. This partnership may promote standardization and enhance interoperability in the blockchain industry.