GBA Capital announces $10B Web3 fund
During the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference held on December 26, 2023, GBA Capital, a prominent Chinese venture capital (VC) firm, made a groundbreaking announcement. The firm pledged a staggering $10 billion to establish the GBA Capital Web3 Fund, aiming to fuel the development of startups specializing in virtual reality, the…