Investment firm dao5 has secured $222 million in funding for its second fund, aiming to cultivate institutional interest in cryptocurrencies. With total assets under management reaching $550 million, dao5 plans to focus on stablecoin networks, state-sovereign artificial intelligence, and public onchain infrastructure. The surge in institutional investors entering the digital assets market follows regulatory changes and endorsements by U.S. President Donald Trump. As the industry evolves, dao5 is preparing to transition into a decentralized autonomous organization (DAO) and has appointed George Lambeth as General Partner. The firm, established in 2022, has already invested in over 50 companies and is committed to integrating blockchain technology into various sectors. Dao5's success lies in adapting to the changing landscape of global finance and technology, as highlighted by founder Tekin Salimi. Read more AI-generated news on: https://app.chaingpt.org/news

#DAO #AI