Golden Finance reported that Auros, a crypto trading company and market maker, said its newly formed venture capital department plans to invest more than $50 million of its own capital in early-stage digital asset businesses in the next two years. To lead the investment work, the company appointed Julien Auchecorne as the head of Auros Ventures. Auchecorne previously worked at hedge fund Brevan Howard and digital asset service platform XBTO International, as well as other crypto and traditional investment companies. The expansion also marks a milestone in Auros' transformation after the company was severely hit by the collapse of FTX at the end of 2022. Ben Roth said in an interview that the market maker now estimates that it handles about 4% of the exchange's global cryptocurrency trading volume.