GnosisDAO Approves Launch of $40 Million Venture Fund to Invest in Projects Like RWAs and Decentralized Infrastructure
On October 24, Cointelegraph reported that GnosisDAO, the decentralized autonomous organization behind Gnosis Chain, has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects.GnosisDAO will inject $20 million into the fund, with the remaining $20 million coming from external LPs.The fund, called GnosisVC Ecosystem, will prioritize investments in projects engaged in real-world asset (RWA) tokenization, decentralized infrastructure and financial payment channels.
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