GnosisDAO approves the launch of a $40 million venture capital fund, including projects such as RWA and decentralized infrastructure
According to Cointelegraph, GnosisDAO, the decentralized autonomous organization behind Gnosis Chain, has approved a proposal to launch a $40 million venture fund aimed at accelerating early blockchain projects.
GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from external LPs. The fund is named GnosisVC Ecosystem and will prioritize investments in projects engaged in the tokenization of real-world assets (RWA), decentralized infrastructure, and financial payment channels.
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