Crypto VC Firm Dao5 Closes $222M Fund to Focus on Institutional Adoption Projects

Tekin Salimi, founder of Dao5, reported that the VC company’s second fund was concentrated in 15 limited partners, including family offices and notable individuals. He assessed that the previous fund’s success influenced the level of participation in this one. Crypto Firm Dao5 Swims Against the Current: Closes $222M Fund Even with the reported problems that