Crypto exchange Huobi Global launched a new venture capital arm aimed at investing in upcoming blockchain, web3 and DeFi projects. The spinoff is called Ivy Blocks, and has over $1 billion in assets under management as part of its “war chest,” the exchange said in a statement. The first project to be supported by Ivy The post This Crypto Exchange Is Investing $1 Bln Into DeFi Despite A 80% Crash appeared first on CoinGape.
