Crypto VC Dao5 Closes $222M Fund to Back Institutional-Focused Projects
The new $222 million fund is backed by just 15 limited partners, primarily composed of high-net-worth individuals and family offices.
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Arch Labs Raises $13M to Bring Native Smart Contracts to Bitcoin
According to Arch Labs, the new virtual machine will handle off-chain computations to enable Turing-complete smart contracts directly on Bitcoin’s base layer. This would eliminate the need for external scaling solutions and offer Solana-like transaction speeds while maintaining Bitcoin’s security infrastructure.
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