Bitrue Ventures’ new fund aims to support Web3 startups with up to $200,000 in investment, offering extensive industry resources.
The investment and research arm of crypto exchange Bitrue opened up a $40 million pool of investment funds dedicated to the Web3 ecosystem.
Bitrue Ventures’ $40 million fund will be divided among several Web3 startups and developers, who are eligible to get up to $200,000 investment. According to the announcement shared with Cointelegraph, Bitrue will provide select projects the freedom to allocate their funds without external intervention.
In addition to monetary investments, Bitrue will also provide support for such Web3 projects:
