FinTech news in mural category

Mural, a crypto firm focused on decentralized autonomous organizations (DAOs) infrastructure, has raised $5.6 million in seed funding, the company co-founders Sinclair Toffa and Kevin Alvarez-Fung exclusively told journalist. The company is rolling out a beta for its fintech-focused platform to help brands deploy DAO treasury funds ranging from $50 to $100 million in size, Alvarez-Fung shared. The funds will be used to bring on new talent and work with brands globally that want to create and use DAOs, Alvarez-Fung said. Toffa and Alvarez-Fung said one of the biggest disconnects they saw in the DAO space was between treasuries and communities.