Huobi Global Launches Investment Arm Named Ivy Blocks to Focus on DeFi, Web 3 Projects

Huobi Global Launches Investment Arm Named Ivy Blocks to Focus on DeFi, Web 3 Projects

Huobi Global, one of the largest trading platforms in the world by volume, has launched a new venture capital arm aimed at investing in upcoming blockchain, Web 3 and decentralised finance (DeFi) projects. The spinoff is called Ivy Blocks, and has over $1 billion (roughly Rs. 7,770 crore) in assets…