Cardano founder Charles Hoskinson has shown interest in CIP-113, a proposal to standardize programmable blockchain assets. He plans to review and provide feedback on the proposal. Hoskinson intends to collaborate with Cardano developer J.J. Siler to assess how CIP-113 aligns with Cardano's strategy for tokenizing real-world assets. He also highlights its potential integration with Midnight, Cardano's privacy-focused sidechain. CIP-113 aims to set a new standard for interoperable securities, stablecoins, and tokenized real-world assets within the Cardano ecosystem. Early adopters are already preparing for implementation, with updated documentation and full operational readiness expected in early 2025. Hoskinson sees significant potential for CIP-113 within Midnight and believes it could position Cardano as a leader in tokenizing real-world assets. The goal is to make Cardano the premier platform for securely, efficiently, and compliantly managing real-world assets.



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