DeFi Syndicate's investment project has raised $20 million | Top DeFi

DeFi Syndicate's investment project has raised $20 million

Syndicate, a DeFi investment organization, has announced its Series A fundraising. Venture capitalist Andreessen Horowitz (also known as a16z) led the round along with more than 150 investors. The group of patrons includes celebrities such as Ashton Kutcher and Snoop Dogg, as well as investment firms such as Coinbase Ventures and Bill Ackman's Table Management.

Syndicate, founded in 2021, aims to merge a decentralized protocol with a social network to "transform the way the world creates and distributes value." To do this, the Syndicate team is developing legal technical solutions and a social media platform that will allow users to both raise funds and invest them.

Examples of projects recently launched at Syndicate include Audacity and the NFT Delphi INFINFT investment fund.