Mike Dudas
nature is healing would be incredible if savvy asian crypto investors plowed that $1 billion int...
171 days agoMike Dudasmdudas
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

A proposed US$1 billion Ethereum DAT (Decentralized Autonomous Trust) by leading Asian crypto investors, including founders of Huobi, HashKey, and FenBushi Capital, has been shelved due to the market downturn. This means a significant amount of capital intended for Ethereum-based projects is now unallocated. Investors should watch for where this capital might be redeployed, potentially into new, useful crypto applications as suggested by the tweet.

Ask about this postAnswers are grounded in this post's content.
Tweet
About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol