TLDR:
– Auros announced a $50 million investment in digital asset projects over the next two years.
– The new investment arm, Auros Ventures, has already invested $15 million since Q3 2023.
Auros unveiled a new $50 million venture capital arm for digital asset investment on July 8. The new investment arm, Auros Ventures, will focus on supporting early-stage digital asset projects with expertise in digital assets. Led by Julien Auchecorne, the venture arm has already invested $15 million since Q3 2023 and plans to invest over $50 million in the next two years.
The initiative has already invested in 14 projects, including high-profile initiatives such as the Oracle network Pyth and the high-performance Layer-1 blockchain Berachain. Auros Founder Ben Roth expressed excitement about the expansion strategy and commitment to fostering sustainable ecosystem growth through Auros Ventures.
Julien Auchecorne, a seasoned expert in traditional finance and digital assets, will lead the digital asset ventures and actively participate in the strategic and operational development of portfolio companies. The new investment arm will provide financial backing, strategic partnerships, and expertise in market microstructure, on-chain and off-chain liquidity, and exchange product design.
