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DeXe DAO Studio, an advanced platform for creating and governing DAOs, announced a new partnership with RAK Digital Assets Oasis (RAK DAO), the world’s first free zone serving global digital asset organizations. 

What Is DeXe DAO Studio?

DeXe DAO Studio is an easy-to-use advanced platform for creating turnkey DAOs and governing them in a democratic, transparent, and equitable manner. Projects can launch their DAOs on any chain and manage their governance tokens via a single interface. At the same time, contributors can take advantage of the organization’s platform to vote and participate in the governance of every DAO to which they belong.

What Is RAK DAO?

RAK DAO is a dedicated free zone established in the UAE’s Ras Al Khaimah region. RAK DAO is the first regulated zone that caters specifically to the needs of global DAOs. On Oct 19, RAK DAO hosted its launch event with innovative crypto businesses, a world-class lineup of industry experts, and a list of attendees interested in discussing exciting topics covering everything related to the future of Web3, AI, and digital assets.

An Oasis for Decentralized Autonomous Organizations

Based on DeepDAO’s data, $15.5 billion is held in DAO treasuries as of Oct 19, representing a nearly 65% year-over-year increase since 2022. With the DeFi TVL currently standing at $36 billion, this also means that approximately 43% of the total value locked in decentralized finance dApps is stored in the treasuries of DAOs. Besides that, 7.5 million governance token holders and 2.8 million active voters and proposal makers are currently present in DAOs.

Combining DeXe DAO Studio’s on-chain governance solution and RAK DAO’s solid legal framework, the two partners are working together to transform the DAO industry and further accelerate its growth. Their goal is for the sector to become a transparently regulated niche equipped with professional and convenient tools for creating and managing DAOs.

DeXe DAO Studio will act as an i

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Author: Laurie Dunn

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