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Dao5 Secures $222M to Drive Institutional Crypto Impact
Secret’s Out! DAO5 Lands $222M. Read more…
Dao5, a leading crypto investment firm, has successfully raised $222 million for its second fund, bringing its total assets under management (AUM) to around $550 million. This strategic move aims to attract institutional interest in cryptocurrencies and promote long-term growth in the digital asset space.
Dao5’s Focus on Institutional Crypto Investments
Dao5’s second fund is a multi-strategy investment vehicle designed specifically for institutional investments in cryptocurrencies. Founder and general partner Tekin Salimi notes that the crypto industry is entering an “adolescence phase,” where speculative growth is less effective.
The firm will focus on stablecoin networks and blockchain infrastructure, addressing the need for sustainable and institutional-friendly investments.
With crypto assets increasingly becoming part of institutional portfolios, Dao5 aims to capitalize on sectors that offer long-term stability and growth.
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