ContributionDAO Raises $2.8M in Seed Funding for Institutional-Grade Staking Platform and Community Management Tools

Singapore-based ContributionDAO has secured $2.8m in Seed funding from KASIKORN X Venture Capital and other blockchain projects and angels. The funds will be used to expand the company's reach in the Southeast Asian-wide blockchain market and develop community management tools for global blockchain projects. The staking platform currently has over $400m in assets under management and more than 10,000 community contributors and investors. ContributionDAO has also developed products such as Proofsquare.xyz, a community infrastructure suite, and Lightlayer.xyz, an Ethereum execution client.