Dao5 Closes $222 Million Funding Round to Shape Institutional Interest in Crypto
Investment firm dao5 has raised $222 million for its second fund, increasing total assets under management to approximately $550 million. The fund aims to attract institutional interest in cryptocurrencies, focusing on stablecoin networks, state-sovereign artificial intelligence, and public on-chain infrastructure. The completion of this fund coincides with rising institutional investments in digital assets, driven by the approval of spot Bitcoin and Ether ETFs and regulatory changes under U.S. President Donald Trump. Trump has reduced oversight of crypto companies and advocated for a strategic Bitcoin reserve. Public companies like Rumble and Leef Brands are also adding cryptocurrencies to their treasuries. Dao5 plans to transition into a decentralized autonomous organization (DAO) and has appointed George Lambeth as General Partner. The firm has invested in over 50 companies since its founding in 2022 and fully deployed its first fund of $125 million.
