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Crypto.com expands venture arm to $500 million to back early-stage web3 startups | #crypto

Crypto.com expands venture arm to $500 million to back early-stage web3 startups

Crypto.com expands venture arm to $500 million to back early-stage web3 startups

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX.

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