JZL Capital launched $50 million Web3 Ecosystem Fund to create a "TPSm" investment model
JZL Capital ("JZL") launched the first phase of its Web3 Ecosystem Fund (“WEF”) with scale of $50 million partnering with KuCoin Ventures. The company stated that the emerging opportunities in Web3 economic growth have been driven by the accelerated innovations and application developments of blockchain technology, and mediums such as the Metaverse and NFTs have also brought new possibilities to the creator economy and next generation of internet.