š„š DAO5 RAISES $222M FUND TO SUPERCHARGE INSTITUTIONAL BLOCKCHAIN ADOPTION! šš„
Massive Raise: dao5 just closed a $222 million fund, bringing its total assets under management to $550 million.
Institutional Focus: The new fund will back blockchain projects targeting institutional and government adoption, from on-chain public infrastructure to novel stablecoin systems.
Founderās Vision: Tekin Salimiāex-Polychain Capital partnerāaims to move crypto beyond speculation into real-world financial integration.
Proven Track Record: dao5ās first fund, launched in late 2021, fully deployed and returned the vast majority of commitments to its limited partners.
Strategic Bets: Early investments include Story Protocol, Bittensor, Berachain, and EigenLayer, showcasing dao5ās knack for picking winners.
Governance Upgrade: Later this year, dao5 will convert into a decentralized autonomous organization (DAO), giving LPs on-chain governance rights.
New Leadership: George Lambethāveteran investor behind Avalanche and Celestiaājoins as General Partner to accelerate expansion.
Adoption Catalyst: With fresh capital, dao5 is set to fuel projects that will bridge blockchain tech with global financial and government systems.
Yield Beyond Speculation: Salimi forecasts that real adoption, not hype, will drive the next wave of crypto growth.
Full Send: Ready to back the next institutional-grade blockchain playsādao5 is your gateway to serious, real-world crypto.
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