Collective NFT Ownership Platform Closes Series A Led By Paradigm

Dragonfly will buy LDO tokens at $1.45 or higher.

The Lido DAO is debating a sale of 10M LDO tokens to Dragonfly Capital to bolster its treasury.

The fund will make investments in web3 infrastructure, DAOs and DAO tooling, consumer products, new IP-based business models, and creator monetization.

19,969 plots were sold via dutch auctions from June 2 through June 5.

Web3 gaming, DeFi, zero-knowledge proofs, decentralized social media, self-sovereign identity and layer 1 and 2 infrastructure are among the fund’s areas of focus.

Latest Raise is Yet Another Bullish Sign for Web3

Alona, a co-founder of UkraineDAO, told The Defiant the group is rapidly building a global network of supporters for the embattled nation.

Electric Capital unveiled $1B for two funds that will support blockchain projects with investments in equity and tokens.

Pussy Riot has helped form UkraineDAO to provide support to embattled Ukrainians.