Market maker Auros has established a venture capital department called Auros Ventures, with plans to invest over 50 million US dollars in crypto startups in the next two years. Auros Ventures will focus on helping these startups expand their businesses, with Julien Auchecorne appointed as the head of the new department. Additionally, Auros has invested nearly 20 million US dollars in several projects including Pyth and Berachain in the past few quarters.

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<p>According to CoinDesk, on July 8th, Auros, a crypto trading company and market maker, announced that its newly established venture capital division, Auros Ventures, will invest over $50 million in early-stage digital asset projects in the next two years.</p>
<p>Auros CEO Ben Roth stated that Auros Ventures will focus on helping these startups expand their businesses and has appointed Julien Auchecorne as the head of the new division. Auchecorne has previously worked at companies such as Brevan Howard and XBTO International.</p>
<p>Auros has invested in several projects in the past few quarters, including Pyth and Berachain, with a total investment amounting to nearly $20 million.</p>
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Market maker Auros establishes a venture capital department, planning to invest over 50 million US dollars in crypto startups.