Syndicate raises $6 million to grow decentralized asset management platform
Syndicate, a decentralized asset management platform that also works as a social network, just raised $6 million in funding from over 50 investors including DAOs, non-profits, partners, customers, and individual investors.
This round brings the startup’s total funding to $28 million since its launch in January 2021. Investors for this round include Andreessen Horowitz (a16z), South Park Commons, Carta Ledger, OpenSea, Circle Ventures, Polygon, United Talent Agency, CoinList, FalconX and others.
A16z also led the company’s Series A last summer. "We have been and continue to work with [a16z] closely across a wide number of initiatives for DAOs and the industry," said Lee.