Auros Unveils $50M Venture Capital Arm For Digital Asset Investment

Auros announced on July 8 that it will invest $50 million in early-stage digital asset projects over the next two years.

According to a press release, Auros Ventures’ new investment arm will use the firm’s expertise in digital assets to support projects from early-stage primary investments to liquid secondary opportunities.

Auros Introduces New Investment Arm

The venture arm has already deployed $15 million since Q3 2023 and will proceed with over $50 million in capital over the next two years, targeting inventive projects in the digital asset and web3 sectors.

Auros seeks to back crypto startups with over $50M through new VC division

Auros, a crypto trading firm and market maker, has revealed in a CoinDesk interview that its newly formed venture capital division intends to invest over $50 million of its own funds in early-stage crypto…

— CoinNess Global (@CoinnessGL) July 8, 2024

The initiative has invested in 14 projects, bringing high-profile initiatives to its portfolio, including the Oracle network Pyth and the high-performance Layer-1 blockchain Berachain.

“Auros has seen tremendous growth since its inception in 2019,” said Auros Founder Ben Roth. “The launch of Auros Ventures is a reaffirmation of our expansion strategy and a commitment to continue growing our role as a trusted industry steward that fosters sustainable ecosystem growth.”

Julien Auchecorne to Lead Digital Asset Ventures

Led by Julien Auchecorne, a seasoned expert in traditional finance and digital assets with experiences at XBTO, J.P. Morgan and Brevan Howard, the investment arm plans to actively participate in the strategic and operational development of its portfolio companies.

“We are thrilled to welcome Julien to our team, having witnessed his impressive track record in investments and business scaling,” said Roth.

The new investment arm will provide financial backing and strategic partnerships and offer extensive guidance on topics such as market microstructure, on-chain and off-chain liquidity, and exchange product design.

“Auros has made substantial strides in expanding its market presence in the past 18 months,” stated Auchecorne. “I am excited to be working with Ben and the exceptional team at Auros to support groundbreaking projects that push the boundaries of innovation in our industry.”