HTX Ventures and HTX DAO actively participated in Korea Blockchain Week 2024, which was held in Seoul, South Korea from September 1st to September 7th. Through unique side events and compelling panel discussions, HTX Ventures and HTX DAO demonstrated their leadership in blockchain investment and AI innovation, while also connecting with some influential partners and promoting discussions on the industry’s most critical topics.
As a leader in the Web3 space, HTX Ventures demonstrated its groundbreaking investment strategy, showing strong interest in key areas such as BTCFi, SocialFi, and decentralized artificial intelligence. At the VIP private dinner hosted by HTX DAO on September 3, elites such as trading companies, institutional clients, and major partners gathered together to lay the foundation for future strategic cooperation. Similarly, HTX Ventures private dinner on September 5 also attracted strong interest from many new and old partners, who further consolidated their influence in the Web3 venture capital field.
Other events include: the “Entertainment Reimagined” Web3 entertainment side event co-hosted with Fellaz and TRON on September 4; the Global Ecosystem Exchange on September 5; the AI Crypto Summit, a Web3 conference discussing AI and blockchain held on the same day, as well as several meetups.
Insights on quality tracks
HTX Ventures Managing Partner participated in several panel discussions as a representative and shared his views on the evolving Web3 investment landscape.
On September 4, at the DFG-hosted “Web3 Investment Navigation: Technology, Narrative or Fomo?” panel discussion, HTX Ventures Managing Partner highlighted key investment trends, including the success of the Meme track, BTCFi’s innovation, and promising areas such as SocialFi, AI, and DePIN.
In this cycle, the Meme sector has performed well. Attracting funds through Meme and then launching practicality-driven products is one of the strategic paths that ecosystem developers and project teams are pursuing in this cycle. HTX Ventures Managing Partner said, BTCFi based on the Bitcoin ecosystem this year is also one of the key focus areas of HTX Ventures. As an innovation track in 2024, the Bitcoin ecosystem is witnessing various innovations, and we expect more development in this area. SocialFi projects, artificial intelligence, and DePIN are also areas we pay close attention to.
From a more macro market perspective, the managing partner of HTX Ventures also specifically mentioned Bitcoin ETF and Ethereum ETF. The entry of Bitcoin and Ethereum into the ETF era is expected to significantly change the dynamics of the cryptocurrency market, attracting more investors and capital, but also may bring stricter regulation and more market manipulation.
How HTX Ventures helps its portfolio companies
At the MKGA Summit, HTX Ventures Managing Partner detailed HTX Ventures’ strategy to support its portfolio companies. HTX Ventures provides a full range of services including financing support, world-class mentorship, coin listing opportunities, strategic networks, and global market access.
BounceBit is one example. It is a portfolio company of HTX Ventures and has benefited from its rich resources. HTX Ventures Managing Partner explained: We connected BounceBit with other projects in our portfolio to expand its global influence. We also provided in-depth research reports and marketing support, including Twitter Space cooperation and related activities. We believe that innovative projects like BounceBit should be supported in the long term.
HTX Ventures considers multiple factors when investing in companies, among which products are key. The managing partner of HTX Ventures said: HTX Ventures is now more focused on products and teams. We are committed to helping teams develop innovative products and serve a large number of crypto users through financial and resource support, which is also our long-term investment goal.
Embracing AI in a decentralized manner
HTX Ventures is also at the forefront of integrating AI and blockchain technologies. On September 5, representatives from HTX Ventures participated in a panel discussion at the AI Crypto Summit titled “The Rise of Autonomous Agents in DeFi and CeFi,” and highlighted the transformative potential of decentralized AI, which leverages blockchain to enable transparent decision-making and enhanced security.
A representative of HTX Ventures said: “Our investment arm and exchange have supported several high-potential projects involving decentralized AI from an early stage. One example is Fetch.ai. Their platform’s AI agent can perform transactions and other economic activities.”
Summarize
HTX Ventures and HTX DAO actively participate in a variety of rich activities, demonstrating their commitment to continue to drive industry development and their high attention to the Korean and Asian markets.
As the global investment arm of Huobi HTX, HTX Ventures is looking for high-potential investment opportunities around the world, including key regions such as South Korea. HTX Ventures hopes to provide investment and ecological support to innovative startups in these regions to help them grow. By keeping up with market trends and actively supporting innovative projects in key areas, HTX Ventures is consolidating its leading position in the global blockchain and AI fields. With the help of these side events, HTX Ventures has established closer ties with industry experts and local communities, paving the way for more cooperation opportunities in the future.
About HTX Ventures
HTX Ventures is the global investment arm of Huobi HTX, integrating investment, incubation and research to identify the best and brightest teams in the world. As an industry pioneer, HTX Ventures has more than 11 years of experience in blockchain construction and excels in identifying cutting-edge technologies and emerging business models in the field. In order to drive growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources and strategic advice.
HTX Ventures currently supports more than 300 projects covering multiple blockchain fields, and some high-quality projects have been traded on Huobi HTX. In addition, as one of the most active FOF funds, HTX Ventures has invested in 30 top funds in the world and cooperated with top global blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca and Hack VC to jointly build a blockchain ecosystem. Visit us .
If you need investment and cooperation, please feel free to contact VC@htx-inc.com
