Cardano Expands in Brazil as Pyth Pro Goes Live

According to the Cardano Foundation and University of Brasilia, the two organizations announced a strategic partnership on May 6 aimed at advancing blockchain research and real-world applications across Latin America. The collaboration will establish the first Cardano project development laboratory in the region, focusing on artificial intelligence, digital identity, and governance solutions for public sector applications.

On the same day, Pyth Network launched Pyth Pro on Cardano, introducing an institutional-grade pricing infrastructure layer designed to strengthen the network's decentralized finance ecosystem. The deployment provides reliable, real-time market data for DeFi applications on Cardano.