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Aera, a startup owned by Tarun Chitra, founder of DeFi risk manager Gauntlet, announced an $8 million funding round, led by Bain Capital Crypto and invested by Jump Trading.


Aera is a decentralized protocol designed to help DAOs manage their finances. Chitra said Aera's goal is to enable DAOs to respond quickly to market changes without sacrificing the principle of decentralization, providing them with crowdsourced portfolio management advice. (Fortune)
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