Huobi Makes Strategic Investment in Beyond Finance
Beyond Finance is proud to announce a new, first-of-its-kind strategic investment from Huobi Ventures, a partner, supporter and industry driver within the DeFi space.
The partnership is special in that Beyond Finance is the first project to receive a multidimensional deal that will initiate investment, active support, strategic partnerships & advisory services from Huobi Ventures and HECO Fund.
Huobi Ventures joins other institutional investors backing Beyond Finance such as DuckDao, Spark Digital Capital, Consensus Capital, GBIC, Blocksync, Moonwhale Ventures, X21 Digital and OKEx Blockdream Ventures.
Huobi Ventures recently announced a $100 Million Fund dedicated to DeFi projects under its newly consolidated investment arm. Huobi will assist and advise Beyond Finance in creating a user-friendly decentralized synthetic asset platform.
Beyond’s solution in offering a “multi-dimensional and easy-to-use and learn, for user experience” was one of the main strategies that was attractive for Huobi Ventures to commit a strategic investment.
Recommended AI News: SlashNext Enhances Listing On Palo Alto Networks Cortex XSOAR Marketplace
“In fact, we have been reached out to by a lot of similar projects in DeFi, but clearly different from them, Beyond Finance stood out to us,” Loki from Huobi Ventures explains.
- HECO users will be able to access Beyond Finance as integration of Huobi Wallet & Heco Chain (Beyond’s Hybrid Roll-up)
- Introduction of the first synthetic HT Tokens (HTb) on Beyond Finance Platform.
- Exclusive Staking Program benefits for HECO users.
Kenneth, Co-Founder & C.P.O at Beyond Finance said, “It is without doubt that retail interest in synthetic assets has been growing exponentially at a phenomenal rate. We are excited and grateful that Huobi joins us. Our partnership opportunities will ensure Beyond Finance becomes a leading decentralized synthetic asset trading protocol.
Recommended AI News: AI Robotics Startup Mech-Mind Completes Series C Funding Led by Tech Giant Meituan