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XDAO Closes $2.3 Million Seed Round

On November 26th, XDAO announced that it had raised a $2.3 million seed round. XDAO is a Singapore-based firm that develops and manages tools for creating Decentralized Autonomous Organizations (DAOs).

Investors like Hello Telos, PANONY Group, Grizzly Capital, Afford Capital, YellowRocksVC, Crypto Global Utd, DwfLabs, and CSP DAP participated in this token round, including blockchain backers such as Polygon(Matic), Near Protocol(NEAR), TRON (TRN), BNB CHAIN (BNB), and Astar Network (ASTR).

(By David Cox)

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