Huobi Ventures Weekly Report #10
Huobi Ventures Weekly Insights
Insight provided by JinBin Xie of Huobi Ventures
Witnessing more and more emergence of public chain of smart contract, investments are more fragmented accordingly. Investments are NOT flowing to a typical public chain any more. Instead, diversified favor of risk result in continuous investment a variety of public chain and Rollup Layer 2. Interaction with different public chain from same Dapp are also inoperative.
A bridge has become necessary to provide liquidity to assets among different chains and layers.
Debridge has not only accelerated fund flows across chains, but also achieved an interaction of Dapps across different chains; an expedition has been realized to support a variety of eco chain with credit to the decentralized ODN network of Chainlink. A smoother connection to different chains of ecosystems has enabled a faster exchange of valued assets.
Debridge has brought a great value in quicker DeGen deployment of a DeFi Farm, thus to manage assets in a more efficient way. Therefore, “the last mile of Blockchain ”could finally be solved via the automatic execution of smart contract that debridge already handled protocols accross chains.
Huobi Ventures Latest Update
Huobi Ventures portfolio InsurAce has covered over $100M in assets since launch.
Portfolios Weekly Status
[All Art]
SolSeaNFT has integrated Solflare as a wallet option! You can now buy, sell, and mint NFTs on Solsea’s open NFT marketplace using your Solflare wallet. Details
[Animoca Brands]
Animocabrands is excited to announce its new strategic fundraise from Ubisoft, Dragonfly Capital, Sequoia China and others at a $2.2 billion pre-money valuation. Details
[Clearpool]
Clearpool SHO Merit Round will start on @TheDaoMaker on Oct 26 at 12 PM UTC and end on Oct 27. Details
[Clover]
Clover Finance announces the partnership with Port Finance. Details
[Conflux]
· Welcome Magic wallet to ecosystem grants program. Details
· Proud to have Altostream in the grants program. Details
[Connext]
Connext has already crossed $100m in cumulative volume through nxtp. Details
[Cyclos]
Cyclos will launch its mainnet alpha soon. Details
[InsurAce]
· Insurance Services are now live on Avalanche. Details
· Product Launch: USDT De-Peg Insurance. Details
· InsurAce.io has covered over $100M in assets since launch. Details
[Lithium]
$LITH listed on Gate.io. Details
[Mercurial]
Mercurial just aunched their sister protocol Jupiter. Details
[NYM]
NYM is looking forward to discussing Nym and surveillance-proof business models. Details
[Oasis]
Oasis’ Parcel API enables Genetica to give their customers control over how their sequenced genetic data is used. Details
[OpenOcean]
OpenOcean Atlantic now live. Details
[O3 Swap]
O3 Swap is now live on Arbitrum Network. Details
[Project SEED]
Project SEED will launch token sale on Nov 9, hosted by solanium & GameFi. Details
[Secured Finance]
Secured Finance is hosting a workshop to celebrate Filecoin Orbit together. Details
[Torum]
Torum announces that Torum is rebranding into a SocialFi Metaverse ecosystem. Details
[xNFT]
xNFT market now supports Daffy Panda NFT trading. Details
About Huobi Ventures
Led by Huobi CFO Lily Zhang, Huobi Ventures is a wholly-owned subsidiary of Huobi Group focusing on Huobi global investment. Composed of four divisions — strategic M&A, strategic investment, asset management and global cooperation, Huobi Ventures has already launched three funds targeting typical fields: Blockchain, HECO and NFT. We aim to empower further growth of Huobi Global, and create a global community with our partners for mutual benefits.
