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Crypto Fund Dao5 Nabs $222M from Institutions—Because Nothing Says ’Mature Asset Class’ Like Chasing 100x Memecoins
Crypto Fund Dao5 Nabs $222M from Institutions—Because Nothing Says ’Mature Asset Class’ Like Chasing 100x Memecoins
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Another day, another nine-figure crypto fund pretending this isn’t just gambling with extra steps. Dao5 just locked down $222 million from institutional investors who apparently missed the ’high risk’ disclaimer in 72-point font.
Wall Street’s latest crypto FOMO play signals growing acceptance—or desperation. With traditional markets flatlining, even pension funds are now willing to YOLO on decentralized Ponzinomics.
The real headline? After a decade, crypto finally learned to wear a suit when taking institutional money. Progress.
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