Gate News message, March 31, a certain CEX CEO Brian Armstrong said that the company has set up an internal venture capital program called “Next Bets,” which allows employees to submit innovative projects and pitch directly to product owners to move forward as long as they get support. The program opens for proposals twice a year, typically executed by small teams of 2 to 3 people, focusing on high-potential directions. Armstrong said the mechanism is designed to reduce the loss of outstanding ideas and talent, and its inspiration comes from historical cases in the tech industry. According to the report, the Base blockchain project originates from this program, and more related updates will be released in the coming weeks.
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