TrueDAO completes $10 million strategic funding round, led by Brevan Howard Digital.
1 hours ago
AI-powered decentralized finance infrastructure project TrueDAO has announced the completion of a $10 million strategic financing round, led by Brevan Howard Digital with participation from Zee Prime Capital, Jump Capital and other investors. Proceeds from the round will be primarily allocated to core AI protocol development, AI risk control systems, security audits, global compliance construction, and ecosystem partnership expansion. TrueDAO noted that it positions itself as modular on-chain financial infrastructure rather than a standalone blockchain application, aiming to provide ecosystem projects with services including liquidity management, reserve management, risk early warning, revenue distribution, and DAO governance. In its next phase, TrueDAO will advance testnet launch, security audits, developer tool development and ecosystem integration, and will disclose protocol operation and reserve data in stages. Specific mainnet launch timeline, token arrangements and incentive mechanisms will be subject to subsequent official announcements.
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