Synthetix, which develops a DeFi protocol for trading derivatives, raises $12M after three VC firms purchased its native tokens directly from its DAO treasury (Andrew Thurman/Cointelegraph)

Andrew Thurman / Cointelegraph:
Synthetix, which develops a DeFi protocol for trading derivatives, raises $12M after three VC firms purchased its native tokens directly from its DAO treasury  —  As the community debates VCs participating in DAOs, Synthetix welcomes three new community members