{"id":65145,"date":"2022-08-01T09:43:01","date_gmt":"2022-08-01T06:43:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65145"},"modified":"2025-09-06T18:22:26","modified_gmt":"2025-09-06T15:22:26","slug":"dragonfly-capital-leads-seed-round-for-defi-project-debt-dao","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dragonfly-capital-leads-seed-round-for-defi-project-debt-dao\/","title":{"rendered":"Dragonfly Capital Leads Seed Round for DeFi Project Debt DAO"},"content":{"rendered":"<p>Dragonfly Capital led the $3.5 million seed round for the Debt DAO startup, according to <a href=\"https:\/\/www.theblock.co\/post\/160427\/dragonfly-capital-leads-3-5-million-seed-round-for-debt-dao\">The Block<\/a>.<\/p>\n<p>Funding was also provided by GSR, Numeus and Fasanara Capital. They were joined by six angel investors, including Balaji Srinivasan, former Coinbase CTO, and David Post of Chainlink Labs.<\/p>\n<p>Debt DAO positions itself as a decentralised marketplace, bringing together all elements of the debt-financing ecosystem for the DeFi sector.<\/p>\n<p>Earlier, Dragonfly Capital opened a new <a href=\"https:\/\/u1f987.com\/en\/news\/dragonfly-capital-launches-650-million-fund-focused-on-web-3-0\">$650 million fund<\/a> focused on Web3. The structure was supported by Tiger Global and KKR. According to some reports, several Ivy League university funds also participated.<\/p>\n<p>Earlier, the investment firm also backed the decentralised trading platform <a href=\"https:\/\/u1f987.com\/en\/news\/hashflow-raises-25-million-from-coinbase-and-kraken\">Hashflow<\/a> in a $25 million round. The project was valued at $400 million.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dragonfly Capital led the seed round for the Debt DAO startup, worth $3.5 million, according to The Block.<\/p>\n","protected":false},"author":1,"featured_media":65146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2308,1133],"class_list":["post-65145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dragonfly-capital","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=65145"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65145\/revisions"}],"predecessor-version":[{"id":65147,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65145\/revisions\/65147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/65146"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=65145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=65145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=65145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}