Crypto Investment Firm Dao5 Raises $222M Fund to Back Institutional Blockchain Adoption

Crypto Investment Firm Dao5 Raises $222M Fund to Back Institutional Blockchain Adoption
Crypto investment firm dao5 raised $222 million fund to invest in blockchain projects for institutional and government adoption, totaling $550 million assets under management. Founded in 2022 by Tekin Salimi, it made early successful investments and plans to shift to a decentralized autonomous organization.