According to TechFlow, on July 18, according to Crypto.news, Singapore cryptocurrency exchange Bitrue announced the establishment of a $40 million investment fund to support emerging Web3 companies. Bitrue Ventures will provide startups with up to $200,000 in funding, as well as development expertise, industry connections and management support. The fund prioritizes projects in the fields of artificial intelligence (AI), real-world asset tokenization (RWA), GameFi, decentralized physical infrastructure networks (DePIN) and decentralized finance (DeFi). In addition, Bitrue Ventures also stated that startups interested in issuing their own tokens have the opportunity to be listed on Bitrue.