According to TechFlow, on July 8, according to CoinDesk, crypto trading company and market maker Auros announced that its newly established venture capital department Auros Ventures will invest more than US$50 million in early digital asset projects in the next two years.

Auros CEO Ben Roth said Auros Ventures will focus on helping these startups scale their businesses and has appointed Julien Auchecorne as head of the new division. Auchecorne previously worked at companies such as Brevan Howard and XBTO International.

Auros has invested in several projects including Pyth and Berachain in the past few quarters, with a cumulative investment amount of nearly US$20 million.