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Parex Secures $6.5 Million Investment for Community-Driven DAO Ecosystem Development

Parex has secured a new investment round of US$ 6.5 million from DWF Labs and Bitgert Ventures. The investment comes as Parex prepares to launch its ParexChain infrastructure, which aims to provide a fully community-driven DAO blockchain ecosystem. The funds will be used to accelerate Parex's efforts to create an efficient DeFi and DAO ecosystem, as well as to mine and support Parex mining. Parex CEO Liam Anthony expressed his pride in the support of DWFLabs and Bitgert Ventures, and announced the upcoming launch of the PEP20 Mainnet and a massive AIRDROP campaign.

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