Huobi Group’s Investment Arm Makes a Strategic Investment in Defi and Cefi Aggregator Openocean

Huobi Group’s Investment Arm Makes a Strategic Investment in Defi and Cefi Aggregator Openocean

The post Huobi Group’s Investment Arm Makes a Strategic Investment in Defi and Cefi Aggregator Openocean appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Amid the growing popularity of DeFi and cryptocurrencies, traditional venture capital firms and crypto incumbents are trying to identify and invest in the most promising early-stage DeFi projects.  Huobi Group’s $100 million Huobi Ventures fund has made a strategic investment in the DeFi and CeFi aggregation platform OpenOcean. Even though OpenOcean is less than a …