According to Foresight News, Bitrue Ventures, the research and investment arm of the cryptocurrency exchange Bitrue, has launched a $40 million investment fund to support emerging web3 companies. Startups can receive $200,000 in funding from Bitrue Ventures, as well as additional support such as development expertise and management support. Although no specific technical requirements are listed, Bitrue Ventures said it prefers projects in areas such as AI, RWA, GameFi, DePin, and DeFi.