SINGAPORE, Sept. 11, 2024 /PRNewswire/ -- HTX Ventures and
HTX DAO showed strong engagement during the Korea Blockchain Week
2024 (1-7 September) .Through exclusive side events and engaging
panel discussions, HTX Ventures and HTX DAO demonstrated their
thought leadership in blockchain investments and AI innovation,
connecting with influential partners and driving forward the
industry's most critical conversations.
As a leader in the Web3 space, HTX Ventures seized the
opportunity to showcase its pioneering investment strategies,
showing strong interests in prominent sectors like BTCFi, SocialFi,
and decentralized AI. At the VIP private dinner hosted by HTX DAO
on 3 September, an elite audience of trading firms, institutional
clients, and key partners facilitated networking and potential
future collaborations. Similarly, HTX Ventures' private dinner on 5
September garnered strong interest from new and existing partners,
reaffirming their influence in shaping the venture capital
landscape in Web3.
Other events include "Entertainment Reimagined" Web3
entertainment side event with Fellaz and TRON on 4 Sept, Ecosystem
Global Meet-up on 5 Sept, AI Crypto Summit, a Web3 conference on AI
and blockchain, on 5 Sept, and several after parties.
Insights on Promising Sectors
Representing HTX Ventures, Managing Partner Edward delivered his
insights on the evolving landscape of Web3 investments during
several panel discussions.
On 4 September, during the "Navigating Investment in Web3, Tech,
Narrative, or Fomo?" panel hosted by DFG, Edward highlighted
key investment trends, noting the success of the meme sector, BTCFi
innovations, and promising areas such as SocialFi, AI, and
DePIN.
"The meme sector has performed remarkably well in this cycle.
Attracting funds through memes and subsequently launching
utility-driven products is one of the strategic paths that
ecosystem developers and project teams are pursuing this cycle."
Edward said, "BTCFi, based on the BTC ecosystem this year, is also
one of HTX Ventures' key areas of interest. As an innovation track
in 2024, the BTC ecosystem is witnessing various innovations, and
we anticipate even more developments in this field. SocialFi
projects, AI, and DePIN are also sectors that we are closely
monitoring."
Speaking from a broader market perspective, Edward particularly
mentioned BTC and ETH ETFs. "The entry of BTC and ETH into the ETF
era is poised to significantly alter the dynamics of the
cryptocurrency market, bringing in more investors and capital while
also potentially introducing greater regulation and market
manipulation."
How HTX Ventures Helps Portfolio Companies
At the MKGA Summit, Edward expanded on HTX Ventures' strategies
for supporting its portfolio companies. HTX Ventures provides a
full service for its portfolio companies, including: fundraising
support, world-class mentorship, listing opportunities, strategic
networking, and global market entry.
One example is BounceBit, a portfolio company that has benefited
from HTX Ventures' extensive resources. "We connected BounceBit
with projects across our portfolio, extended their global outreach,
and provided in-depth research reports and marketing support,
including Twitter space collaborations and events," Edward
explained. "We believe in supporting innovative projects like
BounceBit for the long run."
There are certain things that HTX Ventures looks into when
investing in a company, and one of the most important things is the
product. Edward said, "HTX Ventures now focuses more on the product
and the team itself. Through financial and resource support, HTX
Ventures aims to help teams develop genuinely innovative products
that serve a large number of crypto users, which is our long-term
investment goal."
Embracing AI in a Decentralized Manner
HTX Ventures is also at the forefront of integrating AI with
blockchain technology. On 5 September, Zhao
Lei represented HTX Ventures at the AI Crypto Summit's panel
discussion on "The Rise of Autonomous Agents in DeFi & CeFi".
She underscored the transformative potential of decentralized AI,
which leverages blockchain for transparent decision-making and
enhanced security.
"Our investment arm and exchange have supported several
high-potential projects involving decentralized AI from early on.
One example is Fetch.ai. Their platform runs AI agents that can
conduct transactions and other economic activities," she said.
Conclusion
The active participation in the plentiful activities showcased
HTX Ventures' and HTX DAO's commitment to keep building the
industry, as well as the great emphasis they put on the Korea and
Asia markets.
As the global investment arm of HTX, HTX Ventures is actively
seeking high-potential investment opportunities around the globe
including key areas like Korea, offering investment and ecosystem
support to help innovative startups in the region grow. By staying
ahead of market trends and actively supporting innovative projects
in key sectors, HTX Ventures is solidifying its position as a
driving force in the global blockchain and AI landscape. With the
side events, HTX Ventures built a stronger connection with the
industry professionals and the local community, opening a new way
for more collaboration opportunities.
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates
investment, incubation, and research to identify the best and
brightest teams worldwide. With more than a decade-long history as
an industry pioneer, HTX Ventures excels at identifying
cutting-edge technologies and emerging business models within the
sector. To foster growth within the blockchain ecosystem, we
provide comprehensive support to projects, including financing,
resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple
blockchain sectors, with select high-quality initiatives already
trading on the HTX exchange. Furthermore, as one of the most active
FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global
funds and collaborates with leading blockchain funds such as
Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca,
and Hack VC to jointly build a blockchain ecosystem. Visit us
here.
Feel free to contact us for investment and collaboration
at VC@htx-inc.com
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