The Synthetix DAO has added some new, perhaps surprising voices to its governance. Today the synthetic asset protocol announced a $12 million dollar fundraise led by venture capital firms Paradigm, Coinbase Ventures, and IOSG. The funds purchased SNX tokens directly from the DAO treasury, and will be “providing liquidity, engaging in the Synthetix governance process and helping to bring institutional grade participation into the ecosystem,” the announcement reads. “We’re excited about supporting the synthetixDAO as it builds the leading synthetic asset platform,” said Paradigm investment partner Arjun Balaji. “Synthetix has…
Synthetix announces $12 million raise led by Paradigm, Coinbase Ventures, and IOSG
