Event JSON
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[
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[
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"Crypto Investment Firm Dao5 Raises $222M Fund to Back Institutional Blockchain Adoption"
],
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"dao5, a crypto investment firm founded in 2022, has raised a $222 million fund to invest in blockchain projects focused on institutional and government adoption. The firm's first fund, launched during the last bull market, has already returned most of its commitments to limited partners. The new fund will focus on on-chain public infrastructure, novel stablecoin systems, and state-sovereign artificial intelligence. The firm plans to convert its fund into a decentralized autonomous organization later this year."
]
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