RW3 Ventures raises $60 million for its early-stage blockchain investment fund

RW3 Ventures has raised $60 million for its RW3 Ventures Fund I LP. The team stated that the fund will invest in early-stage blockchain and Web3 companies, focusing on teams that seek to disrupt reality using blockchain technology. This round of funding was led by Raptor Group and Mubadala Capital, a wholly-owned subsidiary of global investor Mubadala Investment Company headquartered in Abu Dhabi. RW3 is led by two well-known figures in the digital asset space, Pete Najarian and Joe Bruzzesi.