Digital asset exchange Huobi Global announced the launch of Ivy Blocks, its new DeFi and web 3.0 blockchain ecosystem investment arm.
Ivy Blocks will focus on identifying and investing in promising blockchain projects to help unlock their growth potential with its multi-billion dollar war chest.
The new investment arm will be rolling out with three core services, Liquidity Investment Department, an asset management platform for smart DeFi mining and income aggregation; Ivy Labs, an innovative crypto and blockchain incubator; and Ivy Research, which focuses on blockchain and cryptocurrency research, together these services will offer all-around support for promising projects.
These services will encompass liquidity investments, project acceleration support, technical guidance, professional mentorship, assistance with token listings and post-investment management, among others.
One of the first projects to be supported by Ivy Blocks is Capricorn Finance, an AMM-based decentralised exchange built on Cube.
With more than US$1 billion worth of crypto assets under management, Ivy Blocks will be well-positioned to propel budding projects like Capricorn Finance to achieve peak potential, while adding value to the development of the blockchain industry.
Lily Zhang
“Many promising projects tend to encounter liquidity constraints and a lack of go-to-market support, which present significant barriers to growth.
Our focus on providing such projects with liquidity investments and incubation services will no doubt contribute towards creating a better, more inclusive DeFi and web 3.0 blockchain ecosystem.”
said Lily Zhang, CFO of Huobi.
The post Huobi Global Launches New Blockchain Investment Arm Ivy Blocks appeared first on Fintech Singapore.
- a
- Achieve
- among
- announced
- ARM
- asset
- asset management
- Assets
- barriers
- Billion
- blockchain
- blockchain industry
- blockchain projects
- contribute
- Core
- Creating
- crypto
- crypto-assets
- cryptocurrency
- DeFi
- Development
- Dollar
- ecosystem
- exchange
- finance
- First
- Focus
- focuses
- Global
- Growth
- help
- HTTPS
- Huobi
- Huobi Global
- identifying
- Income
- incubator
- industry
- innovative
- investing
- investment
- Investments
- Labs
- launch
- launches
- Liquidity
- Listings
- management
- Mining
- more
- offer
- platform
- potential
- present
- professional
- project
- projects
- promising
- providing
- research
- Services
- SG
- significant
- smart
- support
- Supported
- Technical
- The
- three
- together
- token
- towards
- under
- unlock
- value
- war
- web
- Web 3.0
- while
- worth
