Syndicate, a community-based investment system that simplifies the creation of decentralized autonomous organizations (DAOs), has raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z). Syndicate now has an investor roster of over 150, including Reddit co-founder Alexis Ohanian and rapper Snoop Dogg. DAOs "are the next step for society," host Naomi Brockwell said, suggesting Syndicate heading in the right direction.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104779/admin
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
