MathWallet, a multi-chain, multi-platform cryptocurrency DeFi wallet, announced today the launch of MathDAO, a $50 million venture capital fund launched by several of its ecosystem partners. MathDAO will focus on accelerating the development of web3 startups and providing in-depth funding and tech support.

The universal MathWallet platform enables token storage on 100+ chains with support for decentralized cross-chain exchange & transfer services. Its investors include Fenbushi Capital, Alameda Research, Binance Labs, FundamentalLabs, Multicoin Capital, NGC Ventures, Amber Group, 6Eagle Capital.

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