NODO, the decentralized social futures trading platform today announces the plan to merge its business with CNS, the digital identifier (DID) service built for the Cardano blockchain.

CNS, short for Cardano Name Service, is a platform for social networking on the Cardano network, empowering users to create and manage secure social profiles on Cardano. Launched in 2023, CNS has developed a robust technical infrastructure for its social graph product, leveraging Web3 technology on the Cardano blockchain. The integration of CNS’s DID infrastructure into NODO’s ecosystem will be pivotal for the social trading platform’s upcoming product development goals.

As part of a phased merger process, CNS will continue operating as an independent product for a limited period before its full integration into NODO. In addition to launching on the Cardano blockchain, NODO will integrate CNS technology by the second half of 2025.

Speaking on the strategic value of the merger, NODO’s Co-Founder Sowmya Raghavan shares: "Blockchains have always been about transparency, and that's exactly what we're giving to our users. Cardano's identification system will significantly improve the experience of using NODO, bringing high levels of trust to the accuracy, record, and integrity of traders within our ecosystem.”

With a fast-growing base of over 380,000 users across 14 countries, NODO serves as a Web3 market forecasting platform tailored for emerging markets. NODO is also well-regarded in the industry, having fostered strategic partnerships with major leaders including Tether, OKX Wallet, and SunPump. NODO has recently announced expansion plans to further evolve into an omnichain social trading product with flexible DeFi features to earn yield both actively and passively.

The integration of DIDs into NODO will support the secure storage, verification, and tracking of prediction market data, allowing for traceable analytics, reliable statistics, and verified data in predictive markets and copy trading applications.

Through this merger, CNS plans to further accelerate the expansion and reach of its services.

About NODO

NODO is an omnichain social futures trading ecosystem with over 380,000 users across 14 countries, blending gamification with instant-payout prediction markets. Users can forecast real-world events through NODO prediction markets, while NODO 0DTE Options provide instant payouts for short-term cryptocurrency price predictions, aggregating multiple AMMs for capital efficiency and low fees. NODO is building a gamified social trading ecosystem where users earn daily rewards and achieve ecosystem governance by contributing to community market sentiment.

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For more information, visit nodo.xyz

For any inquiries about this release, please contact sowmya@nodo.xyz or team.nodo@nodo.xyz

Contact

Co-Founder of NODO

Sowmya Raghavan

sowmya@nodo.xyz