Quick take:
GnosisDAO plans to initially invest $20 million in the new fund with the additional $20 million coming from external LPs.
The fund primarily targets early-stage projects focused on real-world assets, crypto infrastructure and payment rails.
The fund has already made preliminary investments in fiat infrastructure developer Monerium and the decentralised AI platform Naptha AI.
GnosisDAO, the decentralised autonomous organisation behind Gnosis Chain has launched a new venture fund targeting early-stage crypto projects focused on real-world asset tokenisation, crypto infrastructure and payment rails.
The new fund is part of the Gnosis 3.0 roadmap and will be managed by the DAO’s venture arm GnosisVC. The DAO plans to initially invest $20 million in the fund, with the remaining half coming from external backers.
According to the announcement on Thursday, the fund has already made preliminary investments in fiat infrastructure developer Monerium and the decentralised AI platform Naptha AI.
The two companies join GnosisDAO’s portfolio of more than 60 companies including BlackRock-backed real-world asset tokenisation platform — Centrifuge, the intent-centric orchestration layer — Fabriq, the self-custodial wallet — Zeal and on-chain collaboration space — Fileverse, among others.
Commenting on the announcement, Gnosis co-founder Stefan George said in a statement: “With GnosisVC, we’re not just investing; we’re architecting a future where blockchain isn’t just technology but a lifestyle.”
Built on top of the Ethereum blockchain, the Gnosis Chain claims to have over 200,000 validators.
Some of GnosisDAO’s early projects include building Ethereum-based applications and key infrastructure like on-chain smart account provider Safe and user CoW Protocol, an open-source and permissionless DEX aggregation protocol.
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