# OpCo – A DAO-adjacent Entity for Strategy Execution **URL:** \ **Category:** Finalized AIPs\ **Created:** [October 30, 2024, 9:23pm UTC](https://forum.arbitrum.foundation/t/opco-a-dao-adjacent-entity-for-strategy-execution/27361 "2024-10-30T21:23:24Z")\ **Posts on this page:** 1\ **Showing post:** 119
**Author:** ![Bernard](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/bernard/32/7544_2.png) [@Bernard](https://forum.arbitrum.foundation/u/Bernard)\ **Post date:** [January 30, 2025, 8:21pm UTC](https://forum.arbitrum.foundation/t/opco-a-dao-adjacent-entity-for-strategy-execution/27361/119 "2025-01-30T20:21:05Z")
This is a proposal we’re excited to get behind as it proceeds to onchain vote. As members of the ADPC and having led the M&A work for the DAO, we have seen the necessity of establishing an OpCo for the DAO on the ground. We have even recommended either of the creation of an OpCo or some kind of legal entity for the DAO in our past reports ([here](https://forum.arbitrum.foundation/t/areta-m-a-pilot-phase-outcome/26009) and [here](https://forum.arbitrum.foundation/t/adpc-outcome-report-for-phase-i/26433)). We do believe that the OpCo has a chance to enable the DAO to do strategic initiatives it couldn’t do before, e.g., Venture, M&A, while addressing fragmentation in initiative execution and lack of clear ownership for critical programs. While timelines on this work have not been met so far (the initial target was for the OpCo to be live at DevCon 2024), we do see and appreciate the work that has gone into it. In order to ensure a smooth landing, we feel it is important to establish clear processes from the onset regarding the OpCo formation and to conduct more handholding with key parties involved in the target OpCo. One key area to look at is the relationship between OpCo and existing service providers. We need to move from theory to practice rather sooner than later, i.e., let’s get service providers / contributors / and anyone else in a room to discuss the granularities. Denver might be a good occasion for this. There should be transparent processes around transitioning existing contracts, defining specific criteria for determining what initiatives should be executed through OpCo and working with existing DAO groups to ensure fair competition, efficient procurement and preventing vendor lock-in. Thanks to @EntropyAdvisors, @dk3, for the longstanding efforts towards this initiative. We will be voting in support during the onchain vote. --- _[View the full topic](https://forum.arbitrum.foundation/t/opco-a-dao-adjacent-entity-for-strategy-execution/27361)._