The cryptocurrency exchange is leaning futher into venture investments, expanding its fund to $500m and hiring a new partner.

China-headquartered cryptocurrency exchange has expanded its corporate venturing unit’s fund to $500m, TechCrunch reported today, becoming the latest crypto exchange to beef up its investment subsidiary. Capital invests in early-stage crypto technology developers, generally leading seed rounds with investments of up to $1m and up to $10m for series A rounds. The expansion…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.