Bitrue Ventures launches $40 million fund to focus on AI, GameFi, and DeFi

Odaily News Bitrue Ventures, the research and investment arm of cryptocurrency exchange Bitrue, has launched a $40 million investment fund to support emerging web3 companies. Startups can receive $200,000 in funding from Bitrue Ventures, as well as additional support such as development expertise and management support. Although no specific technical requirements are listed, Bitrue Ventures said it prefers projects in areas such as artificial intelligence (AI), tokenization of real-world assets (RWA), Gamefi, decentralized physical infrastructure networks (depin), and decentralized finance (defi). (crypto.news)