According to Fortune, crypto venture capital firm Dao5 has completed its second $222 million fundraising round, after its initial $125 million fund had fully invested in crypto startups, including Layer-1 blockchain Berachain and decentralized AI project Bittensor. Dao5 was founded by former Polychain investor Tekin Salimi in 2022. He stated that the new fund is funded by approximately 15 LPs, mainly from family offices and high net worth individuals. The first phase of the fund has achieved a DPI of 1 times (the investment principal has been returned). The new fund will focus on institutional applications such as stablecoins and asset tokenization. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41814