According to Odaily, cryptocurrency trading company and market maker, Auros, has announced plans for its newly established venture capital division, Auros Ventures, to invest over $50 million of its own capital into early digital asset enterprises within the next two years. To lead this investment initiative, the company has appointed Julien Auchecorne as the head of Auros Ventures.
Auchecorne brings a wealth of experience to his new role, having previously held positions at hedge fund Brevan Howard and digital asset service platform XBTO International, among other crypto and traditional investment companies. This move by Auros Ventures is indicative of the growing interest and investment in the digital asset sector, as companies seek to capitalize on the opportunities presented by this emerging market.