Protocol Village: RW3, Blockchain-Focused VC Led by Pete Najarian, Raises $80M

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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

:"The fund will target investments in early-stage blockchain and Web3 companies, with an emphasis on teams that seek to utilize blockchain technology to disrupt real-world industries and business models with sizable addressable markets. The round was led by The Raptor Group and Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company, a global sovereign investor headquartered in Abu Dhabi.

The cross-chain integration further converges the Web3 and Web2 experience by letting users leverage single domain names like on Web2 when conducting transactions, and represents a major achievement in ecosystem collaboration, including Bonfida and Wormhole. More details from. Injective’s infrastructure features a unique two-way cross-chain interaction facilitated by Wormhole. This results in a more efficient and streamlined domain service experience when SNS transactions are initiated.

 

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