DAO infrastructure Ink Finance has completed a new round of financing exceeding $5 million, with participation from P2 Ventures and others.

ChainCatcher message, for building the infrastructure of financial DAOs. Ink Finance announced on platform X the completion of a new funding round exceeding $5 million, with participation from investment institutions such as Republic, Alliance, Blizzard Fund, P2 Ventures, GSR, DHVC, Draper Dragon, Bella, Aegis Ventures, and Tido Capital. Valuation information has not yet been disclosed.

The new funds will be used to expand Web3 financial management, support reputable DAOs and protocols within DeFi, and bridge the gap between DeFi and TradFi, developing more efficient, fair, and inclusive financial infrastructure.

According to the Web3 asset data platform RootData, Ink Finance is a one-stop DAO toolkit that enables a wide ecosystem to establish its governance reputation, manage communities, strengthen financial controls, and connect with cross-chain DeFi investors.