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HTX Ventures announced a strategic investment in the Layer2 network Corn.

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$BTC
$HTX
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Odaily
550Words
Aug 20, 2024

Odaily Planet Daily News Recently, $HTX Ventures announced a strategic investment in Corn. Corn is a new Ethereum Layer 2 network designed for the practical application of Bitcoin. It not only supports native $BTC cross-chain bridging functionality but also uses $BTC as a fuel token and integrates leading DeFi applications to address 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 senior professionals with extensive experience in DeFi development, who have 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 best and brightest teams. $HTX Ventures currently supports over 300 projects across various blockchain sectors, with some high-quality projects already listed on the Huobi $HTX exchange.

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