BitDAO Raises $230 Million for Decentralized Cryptographic Investment Fund

Secretary of State warns of misleading business direct mail

The company said the BitDAO treasury is on track to become one of the largest pools of assets controlled by a DAO. “We believe BitDAO is going to be one of the most exciting projects in DeFi,” Dragonfly Managing Partner Haseeb Qureshi said in an email to CoinDesk.

Source www.coindesk.com BitDAO token holders get to vote on which projects to invest in. Investment will take place through token swaps, with BitDAO dispersing ether and USDT in exchange for tokens issued by the project. The company plans to allocate significant financial and talent resources to drive the growth of decentralized finance (DeFi).

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  • BitDAO Raises $230 Million for Decentralized Cryptographic Investment Fund
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