22 million ADA for a copper reserve: Cardano's treasury vote runs to November 15

Cardano's treasury is to swap 22 million ADA for copper. That is the core of a proposal put to the vote by the company Toto Finance: around two thirds of the sum would buy copper cathodes stored in an approved warehouse near New Orleans and represented by a token called CuTT. The metal is to be held for 18 to 24 months and sold the year after. The vote is already running and closes around November 15, 2026. For holders of Cardano, this is no distant governance footnote.