CHINA BREKING WEB 3 NEWS



Chinese Web3 VC to launch $10B accelerator fund: Report
The company is backed by China’s state-owned National Engineering Laboratory, which has also taken a keen interest in Web3 initiatives.

During the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference on Dec. 26, Chinese venture capital (VC) firm GBA Capital announced a $10-billion pledge to establish a Web3 fund.
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