Huobi has established an investment department, Huobi Ventures, planning to invest 100 million dollars in areas such as DeFi and NFTs over the next three years

This article is from China Net Finance, original title: "Huobi Ventures Global Brand Launch, One Hundred Million Dollars Focused on the Cutting Edge of the Blockchain Industry," author: Zhao Rong.

On the afternoon of May 13, the Huobi Ventures global brand launch conference was held in Shanghai. Zhang Li, CFO of Huobi Group and head of Huobi Ventures, attended the event and delivered a speech, with representatives from Huobi's global ecosystem partners and well-known industry investment institutions present to witness the global brand launch of Huobi Ventures.

It is understood that the newly established Huobi Ventures will serve as the global investment department of Huobi Group, encompassing four major functions: strategic mergers and acquisitions, strategic investments, asset management, and external cooperation, and will have three specialized funds, namely the Metavers Fund, Heco Ecosystem Fund, and NFT Special Fund. It aims to empower Huobi Group's global business with capital, grow together with global partners, and achieve mutual benefits.

Huobi Ventures is committed to further expanding Huobi's investment and merger boundaries globally, focusing on emerging fields with future significance such as DeFi and NFT from a strategic perspective. According to reports, Huobi Ventures will invest 100 million dollars in early projects in emerging fields within three years, through venture capital layouts such as strategic mergers and acquisitions and strategic investments.

"We will support the development of the blockchain industry through global expansion, and we will also gather ecological advantages around upstream and downstream investments in the industry, building a bridge between traditional capital markets and digital asset markets through continuous ecological construction and efficient operations," Zhang Li stated, adding that Huobi Ventures will become the core link to empower Huobi Group's sustainable development and assist in creating a win-win ecosystem for the industry.

At the same time, Yin Nanqiu, Strategic Investment Director of Huobi Ventures, also provided answers to the external concerns regarding the changes in Huobi Ventures: "The changes are evident, and we will increase global mergers and acquisitions, promote the optimization of Huobi's products and services, and reach out to more partners with a more open, better strategy, and more communication to befriend the world's most advanced communities. Throughout this process, our original intention to select projects and support industry development remains unchanged."

The blockchain industry is experiencing rapid global development after a period of brewing and accumulation, gradually showing vitality after multiple migrations and developments. Under the global trend of enthusiasm, industry investment has also gradually become mainstream. Huobi Ventures will adhere to a long-term perspective, betting on high-quality tracks and projects in the industry, leveraging resource advantages to support the development of the industry ecosystem, and creating a one-stop, full-cycle investment research system to provide comprehensive services to invested projects, achieving sustainable development through long-term strategic cooperation.

In addition, Huobi Ventures will maintain an open mindset to seek partners globally, incubating high-quality ideas and technologies through resource complementarity, merger cooperation, and other models, establishing a global partner network, and improving Huobi's ecological business, including but not limited to funds, ecosystem projects, and developer communities, becoming the best incubation soil for cutting-edge technologies in blockchain and fintech.