- Oct 25, 2021
- Reaction score
FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu
The venture capital fund announcement sent to Bitcoin.com News explains:
FTX Ventures’ core mission is to advance global blockchain and web3 adoption, with a broad investment mandate across social, gaming, fintech, software, and healthcare. The fund will invest in multi-stage companies and projects, providing flexible funding and strategic support from FTX and its network of global partners.
Wu says that she looks forward to working alongside FTX CEO Sam Bankman-Fried and she remarked that FTX Ventures looks forward to supporting businesses and entrepreneurs. “We’re particularly excited about web3 gaming and its ability to bring mainstream audiences into the ecosystem,” Wu said in a statement.
FTX CEO Sam Bankman-Fried Is ‘Excited to Find Disruptive Innovation’
FTX has been making a great number of moves during the last 12 months with a significant focus on sports and entertainment. Last year, FTX
During the first week of November 2021, FTX
What do you think about the new $2 billion venture capital fund called FTX Ventures? Let us know what you think about this subject in the comments section below.