Bitrue Is Going to Invest in Blockchain Startups
A crypto exchange Bitrue created an investment fund of $50 millions to support the startups that work on solutions in the blockchain space. 70% of them will be provided in Tether (USDT), others are planned to provide in the platform’s native tokens Bitrue Coins.
Projects who want to receive the investment from this fund can contact the company directly. The exchange will be looking for the potential beneficiaries, and the crypto community is offered to determine the projects that deserve this investment.
The activity of institutional investors pushes the exchanges to develop new businesses. Such big crypto exchanges as Coinbase and Binance already have the investment funds to support new promising projects in blockchain, and Bitrue follows their example.