GnosisDAO approves $40M venture fund for RWA, decentralized infrastructure

As a seasoned crypto investor with a knack for spotting promising projects, this latest move by GnosisDAO certainly piques my interest. With their proposed $40 million venture fund, they are clearly positioning themselves as a significant player in the blockchain ecosystem. Their focus on real-world assets tokenization, decentralized infrastructure, and financial payment rails aligns perfectly with my investment philosophy.


In simpler terms, it means that GnosisDAO, which manages the Gnosis Chain, has given the green light for a new venture capital fund worth $40 million. The purpose of this fund is to foster and speed up development in fledgling blockchain initiatives.

As a crypto investor, I recently learned that GnosisDAO is planning to contribute $20 million towards the creation of a new fund, with the remaining $20 million coming from external investors known as Limited Partners (LPs). This fund, named the GnosisVC Ecosystem, has a focus on investing in projects that work on real-world asset tokenization, decentralized infrastructure, and financial payment systems.

Stefan George, co-founder of Gnosis, stated that significant consideration was given to assembling a team that encompasses a diverse range of skills in areas such as investments, legal structuring, fund management, quantitative modeling at hedge funds, and both the technical and financial aspects of DeFi. He further asserted that this new team setup would enable the DAO to pursue a more focused investment strategy that aligns with the Gnosis 3.0 vision.

VC Roundup: Borderless eyes token buyback, commodity hardware models for DePIN funding

In March 2024, the recently proposed theory emphasizes various aspects of infrastructure, spanning from basic components like nodes, to advanced technologies such as artificial intelligence, distributed computing and data storage, and payment systems centered on Gnosis Pay.

As a crypto investor, I’ve witnessed firsthand the extensive history of Gnosis in backing decentralized applications and infrastructure. This diverse portfolio provides me with a comprehensive understanding of where there are still unmet needs and openings when it comes to implementing practical use cases, as mentioned by Benjamin Senn, General Partner at GnosisVC.

Initially, the fund has already allocated resources to ventures such as Monerium – an infrastructure for Web3 developers using blockchain technology for traditional currencies; Naptha AI, a platform that decentralizes AI workflows; and Schuman Financial, a protocol adhering to MiCA regulations for stablecoins. Since 2019, GnosisVS has backed more than 60 startups.

Since its inception in 2015, the Gnosis system has undergone significant growth. Initially serving as an Ethereum-based platform for prediction markets, it subsequently transformed into a range of financial infrastructure solutions such as Gnosis Pay, while also giving birth to projects like the multisig wallet initially named Gnosis Safe and now commonly referred to as Safe. As reported by DefiLlama, at the current moment, the total value of assets on the Gnosis chain amounts to approximately $267.5 million.

GnosisDAO approves $40M venture fund for RWA, decentralized infrastructure

For developers and new businesses working on Web3 initiatives, integrating with existing networks has proven to be an appealing route for securing financing. In June, Bitget and Foresight Ventures unveiled a $20 million fund aimed at nurturing early-stage projects within the TON (The Open Network) ecosystem, which boasts close ties with Telegram.

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2024-10-24 16:07