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On-chain fund management solution Karpatkey completes $7 million financing

Karpatkey, a provider of on-chain money management solutions for DAOs, announced the completion of a $7 million funding round. Investors in this round include AppWorks Ventures and Wintermute Ventures, as well as a group of high-profile angel investors such as Joe Lubin of ConsenSys, Stani Kuchelov of Avara, and Fernando Martinelli of Balancer Labs. The newly obtained funds will be specifically used to expand Karpatkey's services to more DAOs and accelerate its expansion into traditional Financial Institution Groups.