Tally Raises $8 Million Series A Led by AppWorks, Blockchain Capital to Scale Onchain DAO Governance Platform

Tally, an onchain DAO governance platform, has raised $8 million in a Series A funding round. The round was led by AppWorks and Blockchain Capital, with participation from BitGo. Originally developed as a DAO governance tool, Tally has evolved into a widely adopted software stack for onchain organizations, helping protocol tokens accrue value. The funding will be used to scale the software layer for these organizations. Investors have expressed confidence in Tally's execution and the demand for its products among tokens and onchain entities.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.