Input Output, the engineering firm best known for building Cardano, has begun a sweeping reorganization that includes a name change and a move into technology fields far beyond its blockchain origins.
On December 5, the company announced that it would remove the word “global” from its name and operate as the Input Output Group. It plans to expand into quantum computing, digital identity, fintech, and healthcare.
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Why is Cardano engineering company expanding?
Company founder Charles Hoskinson said the redesign reflects how much the organization has evolved from its initial focus on blockchain protocol engineering.
He described the new phase as an effort to build a global technology group that can address complex issues across fintech, privacy, artificial intelligence and healthcare.
Hoskinson added that the company will continue to support Cardano’s core development.
“As an input-output group, we are entering a new chapter of expansion, investment and innovation across the United States, Latin America, Europe, the Middle East and emerging markets,” he said.
This change reflects a broader trend in the cryptocurrency industry as companies diversify into areas that blend distributed systems, data infrastructure, and machine intelligence.
A recent United Nations analysis estimates that rapid innovation could drive the AI sector to $5 trillion within 10 years. This scale will shape adjacent fields such as digital identity and quantum computing, the report said.
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By adding these sectors to its portfolio, Input Output aims to expand its commercial pipeline and attract enterprise customers.
It’s worth noting that the company is already working on its privacy technology late into the night. Blockchain is designed to support data protection and compliance for institutional users.
Meanwhile, the restructuring comes at a difficult time for Cardano, which has struggled to keep pace with competitors such as Solana and Ethereum.
For context, the supply of Cardano-hosted stablecoins is less than $50 million. Meanwhile, competing ecosystems like Ethereum support hundreds of billions of these assets.
With this in mind, Hoskinson argued that Cardano’s slow adoption is due to narrative challenges rather than technical limitations.
“It’s not a technology issue. It’s not a node issue. It’s not a imagination or creativity issue. It’s not an execution issue. We can do almost anything. It’s a governance and coordination and ultimately responsibility and accountability issue,” Hoskinson said.
Input Output aims to counter that gap through a new collaboration with the founding organization of Cardano. This initiative aims to accelerate the integration of tier 1 stablecoins and custody providers.
The company expects these additions to improve liquidity, strengthen infrastructure, and strengthen Cardano’s appeal to developers and financial institutions.
