Odaily Planet Daily News Bitrue announced the launch of a new investment department, using its six years of experience operating as a cryptocurrency exchange to help start-ups achieve product maturity, including capital investment, incubation advice, product development expertise, marketing support, industry contacts, etc.

The new investment fund is called Bitrue Ventures, which plans to invest $50,000 to $200,000 in each project according to the project's needs, with no limit on the number of investable projects. Projects that successfully launch products will also be able to list their tokens on the Bitrue exchange and utilize its integrated marketing services.
The venture capital fund plans to seek investment potential projects in all Web3 sub-industries, initially focusing on AI and RWA projects. The first round of pilot investment has been completed, with funds allocated to Cardano-based projects WingRiders and Liqwid Finance.
Last month, cryptocurrency exchange Bitrue appointed Shruti Kohli as its new Director of International Business Development to seek to expand its global partnerships. (Finance Feeds)