FTX sets up $2bn fund and hires Wu

Jan 17, 2022 • James Mawson

Amy Wu joined the newly formed FTX Ventures from Lightspeed Venture Partners, where she had overseen the firm's investment in FTX as a partner.

FTX Trading, a Bahamas-registered cryptocurrency marketplace operator, has set up a $2bn corporate venture capital fund and hired Amy Wu from venture capital firm Lightspeed Venture Partners to head the vehicle.

FTX Ventures includes the $100m gaming fund launched with blockchain technology provider Solana in November 2021. Wu said: “We will be folding the Solana gaming funding into FTX Ventures as well. Solana is a close ecosystem partner well beyond the gaming vertical. FTX Ventures will invest across blockchain ecosystems…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.

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