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GnosisDAO approves $40 million venture capital fund to invest in RWA and decentralized infrastructure projects

GnosisDAO approves $40 million venture capital fund to invest in RWA and decentralized infrastructure projects

CointimeCointime2024/10/24 13:21
By:Cointime

GnosisDAO has approved a proposal to launch a $40 million risk fund aimed at accelerating early-stage blockchain projects. GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from external LPs. The fund, named GnosisVC Ecosystem, will prioritize investments in projects involved in tokenizing real-world assets (RWA), decentralized infrastructure, and financial payment channels.

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