GnosisDAO will launch a $40 million venture capital fund to invest in RWA, infrastructure and other sectors

BlockBeats reported that on October 24, the decentralized autonomous organization GnosisDAO approved a proposal to launch a $40 million venture capital fund to accelerate early blockchain projects.

GnosisDAO will inject $20 million into the fund, and the remaining $20 million will come 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.