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DAO treasuries surged 40X in 2021: DeepDAO
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The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021.
According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the platform increased from around $380 million in January to a peak of roughly $16 billion in mid-September.
Looking ahead at 2022:✍️How far and how deep will DAOs go into the mainstream, and into which use cases?✍️(When) will DAO treasuries exceed $100B?Lots of interesting questions, but together we can BUIDL this! pic.twitter.com/JDEC9JBuHC
As of mid-December, the total AUM has decreased by 28.1% since the high water mark to sit at $11.5 billion,
Read more on cointelegraph.comAbout this in other media
Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments cryptonews.com /2 years ago
Crypto Biz: The Rise of the Bitcoin Treasury, Dec. 30-Jan. 6 cointelegraph.com /2 years ago
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