Israel-based leading crypto incubation platform Gems has recently announced the completion of a $198 million funding round. This round of financing aims to provide resources and support for innovators in the Web3 sector, identifying and nurturing promising projects. The raised funds will first be invested into Gems' first three projects to accelerate their growth and development. Gems is committed to serving as a bridge connecting investors, developers, and potential opportunities in the Web3 sector, providing funding, guidance, and technical support to help build a more open, decentralized, and secure internet ecosystem. The success of this funding round not only reflects the market's recognition of Gems' team and vision but also injects new vitality into the development of the Web3 sector.