Badger DAO announces $21 million treasury diversification via VC partners
Badger DAO has welcomed some deep-pocketed investors into the community with an asset sale aimed at de-risking the treasury portfolio. Some major venture capital names are ‘sett’ to join the Badger DAO community. Bitcoin on Ethereum-focused decentralized finance (DeFi) protocol Badger DAO announced today a $21 million sale of DAO treasury assets to four major investors: Polychain Capital, Parafi Capital, Blockchain Capital, and noted whale wallet 0xB1. The sale was made as part of a wider “Treasury Diversification through Strategic Partnerships” plan first outlined in Badger Improvement....
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