January 17, 2022

Crypto Exchange FTX Sets Up $2 Billion Venture Fund

Crypto exchange FTX Trading Ltd. has launched a $2 billion venture fund, one of the largest vehicles to date aiming to tap into the crypto market’s startups.

The large size of FTX Ventures will allow it to invest flexibly across startup stages, with check sizes that could range from as little as $100,000 to hundreds of millions of dollars, said Amy Wu, the fund’s chief.

Read the Whole Story