Huobi Launched $1 Billion Investment Vehicle Focused on Web 3 and DeFi

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The large crypto exchange wants to take a stab at DeFi and Web 3 development through the new investment arm.

Huobi, the near-decade-old cryptocurrency veteran, has established a new investment arm, called Ivy Blocks, that will focus on supporting the growing ecosystems of decentralized finance and Web 3-based blockchain protocols.reads that the new feature will “focus on identifying and investing in promising blockchain projects to help unlock their growth potential, serving to boost innovation and development in the DeFi and Web 3 world.

Ivy Blocks will evaluate projects by their ideas, and provide them with the necessary tools to succeed, said the PR.

 

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Belgique Dernières Nouvelles, Belgique Actualités

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Huobi Global launches $1B investment arm focused on DeFi and Web3Some promising DeFi and Web3 projects will get a cash injection from the exchange Huobi Global. Dubbed Ivy Blocks, it will reportedly invest $1 billion, as well as financial advice and guidance. We could change the world for less.... Let's see how it goes, for the meantime let's go visit spacemetaverse. Their Official Merch Store launched! Let's Be among the first to gear up with their all-new lineup of SPACE threads. nonfungibletokens emergingmarkets blockchainrevolution It is pleasure to know that crypto industry is cared by global companies. Cryptos have come forever.
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »

Huobi Global launches $1B investment arm focused on DeFi and Web3Some promising DeFi and Web3 projects will get a cash injection from the exchange Huobi Global. Dubbed Ivy Blocks, it will reportedly invest $1 billion, as well as financial advice and guidance. We could change the world for less.... Let's see how it goes, for the meantime let's go visit spacemetaverse. Their Official Merch Store launched! Let's Be among the first to gear up with their all-new lineup of SPACE threads. nonfungibletokens emergingmarkets blockchainrevolution It is pleasure to know that crypto industry is cared by global companies. Cryptos have come forever.
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »