Share this article
Cardano Builder IOG Funds $4.5M Blockchain Research Hub at Stanford University
IOG previously donated $500,000 to fund Stanford research into blockchain scalability.
By Ian Allison
Updated May 11, 2023, 4:18 p.m. Published Aug 29, 2022, 8:00 p.m.
Cardano blockchain builder Input Output Global (IOG) has funded a $4.5 million blockchain hub at Stanford University, the latest in a series of academic research outposts around the globe.
In addition to Stanford, IOG has opened research labs and collaboration projects with the University of Edinburgh, University of Wyoming, University of Athens and Tokyo Institute of Technology. Last year, Cardano founder Charles Hoskinson donated $20 million to Carnegie Mellon University (CMU) to establish the Hoskinson Center for Formal Mathematics.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Stanford University in Palo Alto, Calif., is a hotbed of tech innovation; the place opened a Center for Blockchain Research back in 2018, led by Dan Boneh and David Mazières, two professors who specialize in cryptography.
IOG has been collaborating with Stanford for some time, said Tim Harrison, vice president of Community and Ecosystem at IOG. “Before the research hub, we previously donated $500,000 to fund their research into blockchain scalability. As one of the world’s leading academic institutions, Stanford is an ideal location for the hub,” Harrison said in an email.
Asked if the new IOG-backed blockchain hub would promote the Cardano ecosystem or things like Haskell, the mathematical programming language used in the creation of Cardano smart contracts, Harrison said the project is “to fund researchers from multidisciplinary backgrounds.”
Working with the likes of Stanford to set up blockchain research hubs is key to the IOG vision, said CEO Charles Hoskinson. “With the Research Hub, blockchain development can grow even faster, based on the new learnings that will emerge, and the hub will add a new layer of validity to our sector that we haven’t always been afforded,” Hoskinson said in a statement.
“Healthy competition is a vital part of any growing industry, but especially in its early days, every player also needs to play its part in growing the space as a whole,” Harrison said. “Researchers at the university will be able to put forward innovative projects that will impact the blockchain industry.”
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
