ShapeShift creates FOX Foundation as intermediary for successful DAO transition

On Wednesday, ShapeShift — a Swiss decentralized autonomous organization (DAO) hosting a cryptocurrency trading ecosystem — announced that its centralized corporate brand, ShapeShift AG, has formed the FOX Foundation. The nonprofit organization’s stated purpose is to oversee the decentralization of its namesake trading platform and assets. The FOX Foundation’s charter includes handling tasks such as … Read more