Detailed summary:
Crypto investment company Dao5 has just completed its second funding round with a massive amount of 222 million USD, raising the company's total assets under management (AUM) to about 550 million USD. This move shows that institutional capital is indeed seriously returning to the crypto market, despite recent volatility.
Long-term strategy: Moving away from speculative models
The founder and managing partner of #Dao5 – Tekin Salimi – asserts:
"Crypto is entering a maturity phase. Dependence on pure speculation is no longer the main driver. Future success will come from the actual integration of blockchain technology into the global financial system, government, and private sector."
With this vision, Dao5's new fund will focus on investing in areas such as:
Stablecoin network
State-sovereign artificial intelligence
On-chain public blockchain infrastructure
Favorable context: Friendly policies and accelerating institutional capital flow
Dao5's fundraising occurs at a time when institutional capital is strongly flowing into digital assets, especially after:
Approval of Bitcoin and Ether spot ETFs in the US
President Donald Trump took office and introduced 'crypto-friendly' policies: reducing oversight, creating a national Bitcoin reserve, protecting miners' rights...
As a result, many public companies like Rumble, Leef Brands, and Janover also began adding Bitcoin or Solana to their corporate reserves, creating a FOMO effect for organizations still on the sidelines.
Dao5 is moving towards DAOization
Salimi revealed that Dao5 is preparing to gradually transition to a DAO (decentralized autonomous organization) model – a move that demonstrates a long-term commitment to the spirit of blockchain. The first announcement regarding the #DAO process is expected to be made by the end of this year.
In addition, Dao5 also appointed George Lambeth – a veteran investor with a successful early investment record in Avalanche and Arbitrum – as General Partner, enhancing the capability to lead strategic investments.
Impressive history and strong portfolio
Since its establishment in 2022, Dao5 has invested in over 50 prominent blockchain projects such as:
Bittensor
Story Protocol
EigenLayer
Notably, Dao5's first fund worth 125 million USD has been fully disbursed and returned most of the profits to the initial investors, laying a solid foundation for the second fundraising round.
Contacting Binance users and the crypto market
Dao5's successful raise of 222 million USD is an important indicator that financial institutions still place trust in the long-term potential of the crypto market, despite short-term risks.
For Binance users, this is an opportunity to:
Monitoring AI sectors on the blockchain, new generation stablecoins, and Layer 1/2 platforms backed by large funds.
Consider investing in projects within Dao5's portfolio or those with deep collaboration with this fund.
Leveraging the DAOization trend to seek potential staking, farming, or governance opportunities in the ecosystem.
Risk warning: Investing in cryptocurrencies always carries significant volatility and high risk. Users need to conduct thorough research, understand the products and their investment strategies before participating in the market.