TLDR:
– Auros has launched a new investment arm called Auros Ventures, focusing on digital assets and Web3 sector.
– Julien Auchecorne has been appointed as the Head of Auros Ventures.
Auros, a global market-making and algorithmic trading firm, has announced the launch of its venture capital arm, Auros Ventures, with Julien Auchecorne leading the initiative. Auros Ventures aims to drive innovation in the digital assets and Web3 sector, while also providing support and advice to its portfolio companies. Since Q3 2023, Auros Ventures has deployed over $15 million and plans to invest over $50 million in the next two years. Julien Auchecorne, a seasoned traditional finance and digital assets expert, will work closely with Ben Roth, Founder and CIO of Auros, to guide the venture capital arm in capital deployment and ecosystem development.
Auros Ventures has already made 14 investments in its portfolio, including high-profile projects like oracle network Pyth and Layer-1 Berachain. With the launch of Auros Ventures, Auros aims to continue its growth as a leading industry steward in fostering sustainable ecosystem growth. The addition of Julien Auchecorne as the Head of Auros Ventures signifies a significant milestone for Auros and the digital assets community, as they seek to support groundbreaking projects and drive innovation in the industry.
