Odaily News Ink Finance, a decentralized DAO financial governance platform supported by Republic Capital, Defi Alliance, Avalanche Ecological Fund, Polygon Ecological Fund, etc., recently announced the completion of a new round of financing of US$5 million. Investment institutions such as Republic, Alliance, Blizzard Fund, P2 Ventures, GSR, DHVC, Draper Dragon, Bella, Aegis Ventures, and Tido Capital participated in the investment. The valuation information has not been disclosed yet. It is reported that the new funds will be used to expand Web3 financial management, provide support for reputable DAOs and protocols in DeFi, and bridge the gap between DeFi and TradFi, and develop more efficient, fair and inclusive financial infrastructure.