Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D

The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round.

In a press release shared with, the Defi group stated that it had received support from the likes of Peter Thiel, the Founders Fund, Pantera Capital, and Dragonfly Capital.

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