Bitrue Ventures Raises $40M Fund for DeFi, AI, and GameFi

IconCryptoNewsTerminal Staff18 Jul, 2024

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Bitrue Ventures Raises $40M Fund for DeFi, AI, and GameFi

Singapore-based cryptocurrency exchange Bitrue has announced the launch of a $40 million venture fund. The fund will invest in early-stage startups in the decentralized finance (DeFi), artificial intelligence (AI), real-world assets (RWA), GameFi, and decentralized pin (DePIN) sectors. Bitrue's venture fund will be led by former Binance executive Matthew Roszak. Roszak has a wealth of experience in the cryptocurrency and blockchain industries, and he is a strong believer in the potential of DeFi and other emerging technologies. The launch of Bitrue's venture fund is a significant development for the cryptocurrency ecosystem. It表明s that there is a growing interest in DeFi and other new technologies, and it will likely lead to increased innovation and development in these areas.

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