Dao5 has successfully raised $222 million for its second investment fund, aimed at enhancing institutional interest in cryptocurrencies. This new fund increases Dao5's total assets under management to approximately $550 million. The firm’s founder, Tekin Salimi, noted that the crypto industry is moving past a speculative phase towards more substantive growth drivers. The funds will focus on stablecoin networks and blockchain infrastructure as institutional investors increasingly engage with digital assets. With this latest investment, Dao5 is on a trajectory to transition into a decentralized autonomous organization. The firm has appointed George Lambeth, an experienced crypto investor, as a General Partner to further its ambitions. Dao5, founded in 2022, has already invested in over 50 companies, deploying capital from its initial $125 million fund.

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