💰 RootData Funding Report (4/22) - @tallyxyz

Tally raised $ 8 M in Series A round, led by @blockchaincap and @AppWorks, with backing from @BitGo. This round marks a significant step forward for Tally’s mission to become the go-to platform for decentralized governance and DAO operations.

· Blockchain Capital, a long-standing and deeply respected venture firm in the crypto industry, brings not only capital but also deep domain expertise in on-chain governance, token networks, and decentralized financial infrastructure. Their support signals strong conviction in DAO tooling as a core vertical for the next wave of decentralized applications. Given their track record across protocol layers and governance primitives, Blockchain Capital is well-positioned to guide Tally’s expansion into more mature DAO use cases, including treasury management, protocol voting, and sub-DAO coordination.

· AppWorks, one of the most prominent Web3 accelerators in Asia, offers strategic value through its regional reach and operational support. With a focus on scaling early- to growth-stage startups, AppWorks can assist Tally in penetrating emerging markets where DAO experimentation is rapidly growing, especially across APAC-based developer ecosystems and communities.

· BitGo’s participation adds strength to Tally’s back-end capabilities, particularly around secure asset custody and DAO treasury protection. As the custodian behind WBTC and a key infrastructure player in both CeFi and DeFi, BitGo’s involvement could help Tally bridge DAO governance with robust financial tooling, ensuring safer and more reliable treasury operations for large-scale decentralized organizations.

💡 This funding round brings together a powerful mix of governance expertise, go-to-market acceleration, and institutional-grade infrastructure. As Tally doubles down on simplifying and scaling DAO participation, this investor syndicate puts it in a strong position to lead the next evolution of decentralized coordination.