As crypto markets creep up, buoyed by the approval of spot Bitcoin ETFs and expected Federal Reserve rate cuts, venture capital funding is flowing back into the volatile industry after a chilly 2023. On Thursday, the VC firm RW3 Ventures plans to announce the successful close of its first fund, a $60 million war chest led by Raptor Group, the family office of billionaire Jim Pallotta, with significant support from Mubadala, one of the sovereign wealth funds of Abu Dhabi.