TrueDAO has completed a $10 million strategic financing round, led by Brevan Howard Digital

BlockBeats News, July 10th, AI-driven decentralized finance infrastructure project TrueDAO announced the completion of a $10 million strategic financing round, led by Brevan Howard Digital, with participation from Zee Prime Capital, Jump Capital, and others.

The proceeds from this funding round will be mainly used for AI protocol core development, AI risk control system, security audits, global compliance construction, and ecosystem partnership expansion.

TrueDAO stated that it aims to be a modular on-chain financial infrastructure rather than a single blockchain application, providing ecosystem projects with services such as liquidity management, reserve management, risk monitoring, profit distribution, and DAO governance.

In the next phase, TrueDAO will proceed with the launch of the testnet, security audits, developer tools, and ecosystem integration. It will also gradually disclose protocol operation and reserve data, with the specific mainnet launch date, token distribution plan, and incentive mechanism subject to future official announcements.