GnosisDAO approves $40 million venture fund for RWA, decentralized infrastructure

GnosisDAO, the decentralized autonomous organization behind the Gnosis Chain, has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects.

The fund, dubbed GnosisVC Ecosystem, will prioritize investments in projects working on real-world assets (RWA) tokenization, decentralized infrastructure, and financial payment rails.

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