According to a press release on Jan. 18, United States-based capital markets advisory and token offering platform Deal Box has thrown out a new $125 million venture capital arm dedicated to blockchain and Web3 startups. The fund, dubbed Deal Box Ventures, will invest in companies in the emerging fields of growth, real estate, fintech, funtech and social impact. Commenting on the development, Thomas Carter, founder and president of Deal Box, said:

As part of Web3’s initial investments, Deal Box has bought stakes in Total Network Services, Rypplzz, and Forward-Edge AI. Rypplzz uses blockchain to connect digital and physical objects for location-based experiences. Forward-Edge AI says it uses the technology of the same name to try to improve the human condition, while Total Network Services claims to have developed a universal blockchain communication identifier to improve supply chain security.