Mina’s raise represents FTX Ventures’ first major backing of zero knowledge smart contract technology, reflecting the crypto industry’s increased focus on bringing zero knowledge-based apps to Web3 to...

(PRWeb March 17, 2022)

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FTX.US is making a leap in the blockchain game industry. Earlier this week, US-based cryptocurrency exchange FTX announced its launch of a new blockchain gaming unit. The unit is currently in works and is expected to officially launch the coming months. FTX Gaming is Here The new unit, dubbed “FTX Gaming,” represents FTX’s aspiration of [...]

The post FTX To Bring NFT-Integration To Mainstream Gaming appeared first on Blockonomi.

Crypto exchange FTX is launching a $2 billion venture fund to support crypto and Web3 projects. The move was announced in a blog post penned by FTX CEO Sam Bankman-Fried, Ramnik Arora, the exchange’s head of product, and Amy Wu, the new head of FTX Ventures. The executives say they want to “make things easy […]

The post Crypto Exchange FTX Rolls Out $2,000,000,000 Venture Fund appeared first on The Daily Hodl.

The quickly expanding world of Web3 has grabbed the attention of investors and developers alike and FTX is looking to dip their toes in it too.  FTX Venture FTX’s new branch call FTX Venture has been created with $2 billion set aside for funding new and developing companies in the crypto market. In order to […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode In today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including: Near Protocol, $150 million ZeroHash, $105 million Checkout.com, $1 billion SEBA, $119 million DeFi Alliance (now Alliance DAO), $50 million FTX Ventures, $2 billion See also:…

The post ‘Every Company Will Be a Crypto Company’; A Venture Funding Outlook for 2022 appeared first on Bitcoin News Miner.

Crypto derivatives exchange FTX has launched a $2 billion venture fund focused on backing Web3 projects and the overall digital asset ecosystem. Dubbed FTX ventures, the fund will be headed by Amy Wu, a former partner at $10 billion investment firm Lightspeed Ventures Partners. FTX Ventures will invest in multi-stage companies and projects and is particularly excited about the number of talented teams in the Web3 gaming space. In fact, Wu stated that she’s “particularly excited about web3 gaming” and it’s potential to go mainstream. She has previously led multi-million-dollar investments in blockchain software company Alchemy and crypto-gaming firm Faraway. “I am thrilled to be joining FTX to work alongside Sam and some of the smartest people disrupting the financial services industry. With FTX Ventures, we are looking to support entrepreneurs building generational businesses. We’re particularly excited about web3 gaming and its ability to bring mainstream audiences into the ecosystem,” Wu said. In November 2021, FTX, Lightspeed Venture Partners and Solana Ventures even teamed up to create a $100 million blockchain gaming fund. Commenting on the development, FTX CEO, Bankman-Fried said in a statement: “Our investors at FTX have made a deep impact in supporting our growth and development. We strive to do the same at FTX Ventures and are excited to find the brightest minds and disruptive innovation in tech.” As part of FTX Ventures, Wu will lead a team of eight people, which includes general partner Ramnik Arora who has worked as FTX’s head of product since October 2020. Advisor Armani Ferrante, is also part of the team who has previously worked as a software engineer at Alameda Research, a quantitative crypto trading firm and liquidity provider founded by Sam Bankman-Fried himself. With the launch of FTX Ventures, the US-based cryptocurrency exchange has now joined the likes of Binance Labs and Coinbase Ventures, both of which have been in existence for several years.

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The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu FTX Trading Limited has announced […]

FTX launched $2B web3 venture fund led by Lightspeed’s Amy Wu with more plans to wide-range crypto and blockchain that will oversee the FTX gaming business as we are reading more in our latest cryptocurrency news today. FTX launched $2B web3 venture capital fund by Amy Wu who will also run the exchange’s video game […]

Amy Wu has been hired as the new business unit and fund head. Some $25.1 billion was raised for crypto

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Wu plans wide-ranging crypto and blockchain investments for FTX Ventures, and will also oversee FTX’s gaming business.

There's a new multi-billion fund in the crypto market: FTX Ventures. The exchange operator has set aside $2 billion for the new fund

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