# TapiocaDAO Completes $6 Million Seed Round Financing

By [17998](https://paragraph.com/@17998) · 2023-06-19

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TapiocaDAO, a LayerZero-based full-chain money market protocol, announced the completion of a $6 million seed round of financing. Fisher8 Capital, LayerZero Labs, PARC Capital, Jones DAO, Dewhales Capital, Magnus Capital, Capybara Capital, and individual investors Zoomer Oracle, Squirrel (Arrakis Finance) , DCF GOD, redphone, [vf.at](http://vf.at), Captain Rational, hedgedhog, etc. participated in the vote. In addition, TapiocaDAO has launched LayerZero-based full-chain over-collateralized stablecoin USDO.

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*Originally published on [17998](https://paragraph.com/@17998/tapiocadao-completes-6-million-seed-round-financing)*