Crypto Exchange FTX Establishes $2B Fund to Invest in Crypto Startups: Report

2 years ago

Crypto speech FTX has acceptable up a $2 cardinal money to put successful crypto-industry startups, the Wall Street Journal reported, citing Amy Wu, who heads the fund.

  • The FTX Ventures money is 1 of the industry's largest, the Journal said.

  • Investments could beryllium arsenic debased arsenic $100,000 and arsenic precocious arsenic hundreds of millions of dollars.

  • Wu told the Journal she is peculiarly funny successful crypto gaming companies, arsenic good arsenic security and information products.

Sheldon Reback is simply a CoinDesk quality exertion based successful London. He owns a tiny magnitude of ether.


Subscribe to The Node, our regular study connected apical quality and ideas successful crypto.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source