TechFlow news — On July 8, according to CoinDesk, crypto trading firm and market maker Auros announced that its newly established venture arm, Auros Ventures, will invest over $50 million in early-stage digital asset projects over the next two years.
Ben Roth, CEO of Auros, said Auros Ventures will focus on helping these startups scale their operations and has appointed Julien Auchecorne as head of the new division. Auchecorne previously worked at firms including Brevan Howard and XBTO International.
Auros has invested in multiple projects such as Pyth and Berachain over the past few quarters, with total investments approaching $20 million.
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