DAO investment management agreement Aera completes US$8 million in financing, led by Bain Capital Crypto
On October 26th, Tarun Chitra, the founder of DeFi risk manager Gauntlet, announced the completion of an $8 million financing round for his new startup Aera. The round was led by Bain Capital Crypto, with participation from Jump Trading. Aera is a decentralized protocol aimed at helping decentralized autonomous organizations (DAOs) manage their finances. Chitra stated that Aera's goal is to enable DAOs to quickly respond to market changes while not sacrificing decentralization principles, providing them with crowdsourced investment portfolio management advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano Founder Slams MemeCoins as ‘Valueless’
How Polkadot is transforming blockchain technology: Report
Michael Saylor Unveils MicroStrategy’s 9 Bitcoin Principles
Arkham: A user spent $58,000 early on to buy 1.5% of GOAT supply, earning nearly $7.45 million
Trending news
MoreCrypto prices
More
