Corporate information

Company type

Decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its stable token (Dai) against the USD.

Funding rounds

Initial Coin Offering USD 12,000,000

USD 12,000,000 ( )

Profile Country Notes
Andreessen Horowitz (a16z), (AH Capital Management LLC) Venture capital firm founded by Marc Andreessen and Ben Horowitz Led the round.
1confirmation Fund LP Early stage venture fund fueling the decentralization of the web and society.
Distributed Capital Partners LLC
FBG Capital Digital asset management firm.
Polychain Capital LLC Hedge fund investing in cryptocurrencies.
Walden Bridge Capital LLC Cryptoasset investment firm based in Chicago.

Profile Country Notes
Dragonfly Capital Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors. Initial investment.

Profile Country Notes
#Hashed Global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. Initial investment.

Profile Country Notes
Uncorrelated Ventures Initial investment.

Investment activity status
Active investor

Current team

Current team

Selected Products / Customers