MakerDAO receives $27.5M from Dragonfly and Paradigm to expand into Asia

A pair of venture capital firms have invested $27.5 million in the MakerDAO ecosystem. Dragonfly Capital and Paradigm used the funds to purchase around 5.5% of the total MKR token supply in a bid to help the stablecoin project to capture the Asia market that has long been dominated by Tether’s USDT. MKR tokens are […]The post MakerDAO receives $27.5M from Dragonfly and Paradigm to expand into Asia appeared first on The Block.