Input Output, the engineering company best known for building Cardano, has begun a comprehensive restructuring that includes a name change and an expansion into technology sectors far beyond its blockchain origins.
The company said on December 5 that they will remove 'Global' from the name and operate as Input Output Group. They plan to expand into quantum computing, digital identity, fintech, and healthcare.
Why is Cardano expanding its engineering firm operations?
Charles Hoskinson, the company's founder, said the redesign reflects how far the organization has evolved from its original focus on blockchain protocol engineering.
He described the new phase as an effort to build a global technology group capable of tackling complex challenges in fintech, privacy, artificial intelligence, and healthcare.
Hoskinson added that the company will continue to support Cardano's core development.
'As Input Output Group, we are entering a new chapter of expansion, investment, and innovation across the USA, Latin America, Europe, the Middle East, and emerging markets,' he noted.
The change mirrors a broader trend in the crypto industry as companies diversify into areas that blend distributed systems, data infrastructure, and machine intelligence.
A recent analysis from the UN estimates that rapid innovation could push the AI sector towards $5 trillion within a decade. This scale, the report said, will shape adjacent fields such as digital identity and quantum computing.
By adding these sectors to its portfolio, Input Output aims to expand its commercial pipeline and attract corporate clients.
It is noteworthy that the company has already developed its work with privacy technology through Midnight. The 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 up with competitors like Solana and Ethereum.
To put this in context, Cardano has less than $50 million in stablecoin supply. On the other hand, rival ecosystems like Ethereum support hundreds of billions of these assets.
In light of this, Hoskinson argued that Cardano's slower adoption stems from narrative-related challenges, not technical limitations.
'It is not a technology problem. It is not a node problem. It is not a problem of imagination and creativity. It is not a problem of execution. We can pretty much do anything. It is a matter of governance and coordination and ultimately responsibility and accountability,' said Hoskinson.
Input Output is trying to counter this gap through a new coalition with Cardano's foundational organizations. The effort aims to accelerate integrations for tier-one stablecoins and custodial providers.
The company hopes these additions will improve liquidity, deepen infrastructure, and strengthen Cardano's appeal to developers and financial institutions.
