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ContributionDAO Raises $2.8M in Seed Funding for Institutional-Grade Staking Platform and Community Management Tools

ContributionDAO Raises $2.8M in Seed Funding for Institutional-Grade Staking Platform and Community Management Tools

Cointime2024/02/28 14:07
By: Cointime
ETH+0.11%XOLDTOKEN0.00%

Singapore-based ContributionDAO has secured $2.8m in Seed funding from KASIKORN X Venture Capital and other blockchain projects and angels. The funds will be used to expand the company's reach in the Southeast Asian-wide blockchain market and develop community management tools for global blockchain projects. The staking platform currently has over $400m in assets under management and more than 10,000 community contributors and investors. ContributionDAO has also developed products such as Proofsquare.xyz, a community infrastructure suite, and Lightlayer.xyz, an Ethereum execution client.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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