TrueDAO Secures $10 Million Strategic Funding to Accelerate AI Financial Infrastructure
CoinFeed July 10 news, according to Decrypt report, TrueDAO announced the completion of $10 million strategic financing, this round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital, etc. The funds will be used for core AI protocol development, AI risk control and stress testing systems, security audits and real-time monitoring, bug bounty programs, as well as advancing global compliance assessments and ecosystem cooperation. TrueDAO is positioned as a cross-chain modular decentralized financial infrastructure, providing liquidity and reserve management, risk warning, revenue distribution, and governance support for various projects. The project will subsequently advance testnet, developer tools, and ecosystem integration, and disclose protocol operations and reserve data in stages. Specific launch times and token incentives will be subject to official announcements and regulatory requirements.