Decentralized autonomous organizations (DAOs) are evolving from experimental governance structures into entities that manage real-world assets, pay contributors and enter legal agreements.
New legal frameworks in several jurisdictions now recognize DAOs as limited liability entities, allowing them to hold property and sign contracts while retaining on-chain governance.
Treasury management has also matured, with DAOs deploying sophisticated strategies across DeFi protocols and traditional instruments to fund ongoing operations.
The transition is not without friction — governance attacks and voter apathy remain concerns — but the trajectory points toward DAOs becoming a standard corporate form.
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