Huobi Starts a New Investment Arm
Huobi is one of the largest crypto exchanges worldwide and recently it announced a new investment arm.
The new venture, called Ivy Blocks, will invest actively in DeFi and Web 3.0 projects in seed stage. The goal for the new venture is to create a diverse ecosystem where every founder could find his place, according to his background.
Apart from financing, Ivy Blocks will offer more services for the invested startups. The services will include an asset management platform for DeFi projects, an incubator with startup resources and finally, a crypto platform, based on research projects.
The fact that many players in the industry, from crypto exchanges to venture capitals have plenty of money to invest, means that there are more opportunities for new projects that start their journey now.