TechFlow News — On October 12, decentralized exchange DODO announced the completion of a $5 million private placement funding round. The round was co-led by Pantera Capital, Three Arrows Capital, and Binance Labs, with participation from Coinbase Ventures. Seed investors including Framework Ventures, DeFiance Capital, and SevenX Ventures also continued to invest in this round. Other participating institutions include professional market-making firms CMS Holdings and Alameda Research, as well as prominent funds such as Galaxy Digital, Shata Capital, Primitive Ventures, D1 Ventures, IOSG Ventures, LongHash Capital, and The Force Partners.
DODO is a decentralized exchange built on proactive market-making algorithms, supporting cost-free issuance of new assets.
