PANews reported on October 24 that according to Cointelegraph, GnosisDAO, the decentralized autonomous organization behind Gnosis Chain, has approved a proposal to launch a $40 million venture fund to accelerate early blockchain projects. GnosisDAO will inject $20 million into the fund, and the remaining $20 million will come from external LPs. The fund, called GnosisVC Ecosystem, will prioritize investments in projects engaged in real-world asset (RWA) tokenization, decentralized infrastructure, and financial payment channels.