TechFlow reported on July 18, according to Crypto.news, Singapore-based cryptocurrency exchange Bitrue announced the establishment of a $40 million investment fund aimed at supporting emerging Web3 companies. Bitrue Ventures will provide startups with up to $200,000 in funding, along with development expertise, industry connections, and management support. The fund will prioritize projects in areas such as artificial intelligence (AI), real-world asset tokenization (RWA), GameFi, decentralized physical infrastructure networks (DePIN), and decentralized finance (DeFi). Additionally, Bitrue Ventures stated that startups planning to issue their own tokens may have the opportunity to list on Bitrue.
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