GnosisDAO approves launch of $40 million VC fund to invest in projects such as RWA and decentralized infrastructure

GnosisDAO has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects. GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from outside LPs. The fund, called the GnosisVC Ecosystem, will prioritize investments in projects working on real-world asset (RWA) tokenization, decentralized infrastructure, and financial payment channels.