Newman Capital Launches $50 Million Web3 Investment Fund

Investment firm Newman Capital announced the launch of a $50 million investment fund designed to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The new fund focuses on three main priorities: technology investments, Web3 applications, and art and collectibles. Its investment portfolio is said to include some companies in the technology and blockchain spaces, such as SpaceX, Epic Games, Reddit, Dapper Labs, Loda Finance, etc.