Huobi Global, one of the leading cryptocurrency exchanges, has launched its new investment arm that will focus on decentralized finance (DeFi) and Web3 initiatives.
Huobi, 10 June in his statement on DeFi and Web3 will focus on initiatives “Ivy Block” judicial 1 billion dollarsannounced the launch of its new investment arm.
Huobi, DeFi and Web3 With a new investment arm that will focus on identifying and investing in blockchain projects to help unlock their growth potential by serving to drive innovation and development in the world of to support promising DeFi projects aims.
Ivy Blocksamong others liquidity investments, project acceleration support, technical guidance, professional guidance, token listing assistance and post-investment management will cover; an asset management platform for smart DeFi mining and revenue collection Liquidity Investment Departmentan innovative crypto and blockchain incubator Ivy Labs and focusing on blockchain and cryptocurrency research Ivy Research It will provide support in all aspects for projects with its services.
Huobi CFO Lily Zhang In his statement on the subject, he made the following statements:
Many promising projects tend to face liquidity constraints and lack of market entry support, which pose significant barriers to growth. Our focus on providing liquidity investments and incubation services to such projects will undoubtedly contribute to building a better, more inclusive DeFi and web 3.0 blockchain ecosystem.
Huobi Moreover Ivy Blocks An AMM-based decentralized exchange built on Cube, one of the first projects supported by Capricorn Finance declared that.