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BTCC / BTCC Square / Global Cryptocurrency /
Dao5 Closes $222 Million Funding Round to Shape Institutional Interest in Crypto

Dao5 Closes $222 Million Funding Round to Shape Institutional Interest in Crypto

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-01 19:37:02
0

Investment firm Dao5 has secured $222 million for its second fund, marking a significant step in institutional crypto adoption. The multi-strategy vehicle brings total assets under management to approximately $550 million, signaling growing confidence in digital assets.

"Crypto is entering its adolescence phase," said Dao5 founder Tekin Salimi, suggesting the industry is maturing beyond speculative trading. The capital will focus on fostering institutional-grade infrastructure and investment products.

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