- Auros has unveiled the launch of Auros Ventures, with
seasoned digital assets expert Julien Auchecorne at the
helm.
- Auros Ventures' focus on investment will be on driving
innovation within the dynamic digital assets and Web3 sector while
bolstering ecosystem growth.
HONG KONG and NEW YORK, July 8,
2024 /PRNewswire/ -- Auros, a leading global market-making
and algorithmic trading firm, today announced the launch of its new
investment arm, Auros Ventures. This strategic addition will
harness the firm's extensive expertise in digital assets to foster
ecosystem innovation and drive substantial value creation for all
market participants.
Auros Ventures will leverage the risk management capabilities
and liquidity provision expertise of Auros to invest in the full
project life cycle, from early-stage primary investments to liquid
secondary opportunities. In addition to capital, Auros will provide
market-leading advice and support to its entire portfolio,
particularly where it pertains to their expertise in both on-chain
and off-chain liquidity, market microstructure and exchange product
design. This strategic approach reflects the firm's commitment to
active involvement in the operational and strategic development of
its portfolio companies and it forms a core component of Auros
Ventures' value proposition as a partner. Since Q3 2023, Auros
Ventures has deployed over $15
million and plans to invest in excess of $50 million over the next two years.
As of April 2024, Auros Ventures
has recorded a total of 14 investments in its portfolio. This
includes the firm's participation in the launches of high-profile
projects such as oracle network Pyth and high-performance Layer-1
Berachain, among others. Spearheading Auros Ventures is Julien
Auchecorne, a seasoned traditional finance and digital assets
expert who has previously held investment, operating and advisory
roles at firms such as XBTO, J.P. Morgan and Brevan Howard. As the
Head of Auros Ventures, Julien will collaborate closely with
Auros's Founder and Chief Investment Officer, Ben Roth, to guide the venture capital arm in
the deployment of capital as the firm doubles down on ecosystem
development and its role as a champion of innovative startups in
the digital assets and Web3 sector.
Founder and CIO of Auros, Ben
Roth, said: "Auros has seen tremendous growth since its
inception in 2019. The launch of Auros Ventures is a reaffirmation
of our expansion strategy and a commitment to continue growing our
role as a trusted industry steward that fosters sustainable
ecosystem growth. We are thrilled to welcome Julien to our team,
having witnessed his impressive track record in investments and
business scaling. His expertise and deep understanding of the
digital assets market puts him in a strong position to lead Auros
Ventures as we embark on a shared journey to discover the next wave
of Web3 innovations and deliver outsized value, not only for the
firm but for the collective ecosystem also."
"This marks a significant milestone, for both Auros and the
broader digital assets community," Head of Auros Ventures,
Julien Auchecorne shared. "Auros has made substantial strides
in expanding its market presence in the past 18 months. I am
excited to be working with Ben and the exceptional team at Auros to
support groundbreaking projects that push the boundaries of
innovation in our industry."
For more information about Auros Ventures and the innovative
work being done at Auros, please contact ventures@auros.global.
About Auros
Auros, a market-making and algorithmic trading firm, was
established by experienced derivatives traders and trading system
designers with over two decades of expertise. The firm generates
daily notional turnover in the billions of dollars. Auros'
technological foundation fuses advanced pricing models with
cutting-edge execution capabilities, ensuring reliable and
consistent trading performance. Their distinctive,
partnership-oriented strategy to providing external liquidity has
quickly positioned them as the preferred market maker for many
token projects and ecosystems. Additionally, Auros possesses
in-depth knowledge in trading structured products, optimizing DeFi,
and investing in liquidity-driven ventures. For more information
about the company, please visit http://auros.global.
About Julien Auchecorne
Julien brings extensive experience in C-suite positions within
the digital asset space. After a successful career in investment
banking and asset management, Julien transitioned to the digital
asset industry in 2017 and has since helped various early-stage
companies navigate the challenges of this rapidly evolving
industry, including fundraising, product and token go-to-market
strategies, and compliance with evolving regulations.
Julien also played an instrumental role in establishing WebN, a
Brevan Howard incubator that
supports projects across various verticals, including staking and
zero-knowledge (zk) scaling technologies.
About Ben Roth
Ben Roth is the CIO and Founder
at Auros, one of the crypto industry's leading algorithmic trading
and market making firms. With over two decades of experience in
trading and portfolio management at leading TradFi firms such as
Optiver, First New York and Hudson Bay Capital, Ben founded Auros
in January 2019 with the specific
goal to build the market's leading High-Frequency Trading and
Market Making firm. As of April 2024,
Auros trades on more than 40 centralised and decentralised
exchanges and regularly accounts for as much as 5% of all crypto
trading volume. With a staunch belief in the power of liquidity to
drive value creation, Ben and the Auros team are dedicated to
assisting projects, exchanges and foundations in navigating the
complexities of the market and helping them to understand the
impact that deep, reliable and consistent liquidity can have for
the value of their business.
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