According to Cointelegraph, the decentralized autonomous organization behind Gnosis Chain, GnosisDAO, has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects. GnosisDAO will inject $20 million into the fund, with the remaining $20 million coming from external LPs. The fund, named GnosisVC Ecosystem, will prioritize investments in projects engaged in tokenization of real-world assets (RWA), decentralized infrastructure, and financial payment channels.