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Syndicate raises ‘informal’ round from over 50 partners to bring DAOs to the masses

Web3 startup Syndicate‘s goal is to demystify the DAO (decentralized autonomous organization). Its “Web3 Investment Clubs” product, which TechCrunch covered in January, lets users spin up an investment group with their peers by pooling their capital together and voting on how to allocate the funds.
Since the product launched three months ago, more than 1,100 investment clubs have been created on Syndicate’s platform, the company says. In addition to sharing its progress, Syndicate just announced that it has raised $6 million in a strategic investment from more than 50 o

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