Tech

Synthetix, which develops a DeFi protocol for trading derivatives, raises $12M after three VC firms purchased its native tokens directly from its DAO treasury (Andrew Thurman/Cointelegraph)

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Andrew Thurman / Cointelegraph:

Synthetix, which develops a DeFi protocol for trading derivatives, raises $12M after three VC firms purchased its native tokens directly from its DAO treasury  —  As the community debates VCs participating in DAOs, Synthetix welcomes three new community members



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