HTX Ventures announced a strategic investment in the Layer 2 network Corn.

Recent news from Deep Tide TechFlow, $HTX Ventures announced a strategic investment in Corn. Corn is a new Ethereum Layer 2 network designed specifically for the practical application of Bitcoin. It not only supports native $BTC cross-chain bridging functionality but also uses $BTC as a fuel token. It integrates leading protocol DeFi applications, addressing the immediate needs of Bitcoin in the DeFi space.

It is reported that Corn recently completed a $6.70 million seed funding round, led by Polychain Capital. The founding team of Corn consists of seasoned professionals who have been involved in DeFi development for a long time, having previously founded projects such as Badger, Code4rena, Slingshot, and 0xBow.

$HTX Ventures is the global investment arm of Huobi $HTX, integrating investment, incubation, and research to identify the world's most outstanding and intelligent teams. $HTX Ventures currently supports over 300 projects across various blockchain sectors, with some high-quality projects already listed on the Huobi $HTX exchange.