SINGAPORE, May 21, 2021 — HaloDAO, a decentralized finance protocol designed to address the growing demand for stablecoins, has closed a $3.5 million seed investment round led by Parataxis Capital. Additional funds participating in the round include QCP Soteria, GBV (Genesis Block Ventures), Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock, Petrock Capital and others. Notable angels that invested in the round include Gustav Arentoft (MakerDAO), Dovey Wan (Primitive Crypto), Ajit Tripathi (Aave), Richard Dai (ex-DRW/Cumberland), and Yield Guild Games.