Cryptocurrency exchange Bitrue has announced a $40 million investment fund to support web3 startups, particularly in AI, defi, and gamefi sectors. The fund, revealed on Thursday, aims to help teams develop their technology and bring their coins to fruition.
Startups can receive up to $200,000 from Bitrue Ventures, along with extra support like development expertise and industry connections. Projects focusing on AI, real-world asset tokenization, gamefi, decentralized physical infrastructure networks, and defi are particularly encouraged to apply.
Bitrue Ventures also hinted at the possibility for funded startups to list their tokens on Bitrue, enhancing their market positioning.
This initiative reflects Bitrue’s strategic move to align with cutting-edge technologies, reinforcing its role in the evolving crypto landscape.
