Bitrue floats $50M cryptocurrency investment fund

Bitrue floats $50M cryptocurrency investment fund

The crypto exchange platform plans to support blockchain startups working on paradigm-shifting use cases for the emerging technology. Bitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups.According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging blockchain ecosystem.Of the $50-million sum, 70% will be in the form of Tether (USDT), while the exchange also plans to fund the remaining 30% via its native token,....


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