GnosisDAO Approves $40 Million Venture Fund to Support RWA and Decentralized Infrastructure

According to Odaily, the GnosisDAO community has approved the launch of a $40 million venture fund named GnosisVC Ecosystem. This fund aims to support projects involved in the tokenization of real-world assets (RWA), decentralized infrastructure, and financial payment systems. The announcement was made on October 23, 2024. GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from external limited partners (LPs). The fund's primary focus will be on investing in initiatives that advance the tokenization of RWAs, enhance decentralized infrastructure, and improve financial payment solutions. This strategic move is expected to bolster the development and adoption of decentralized technologies and real-world asset tokenization, fostering innovation and growth within these sectors.