Recently, HTX Ventures announced a strategic investment in Corn. Corn is a new Ethereum Layer 2 network built for the practical application of Bitcoin. It not only supports native BTC cross-chain bridging functions, but also uses BTC as a fuel token and integrates DeFi applications of leading protocols, solving the immediate needs of Bitcoin in the DeFi field.
It is reported that Corn recently completed a round of $6.7 million in seed financing, led by Polychain Capital. Corn's founding team is composed of veterans who have been engaged in DeFi construction for a long time. They have founded projects such as Badger, Code4rena, Slingshot and 0xBow.
HTX Ventures is the global investment department of Huobi HTX, integrating investment, incubation and research to identify the best and smartest teams in the world. HTX Ventures currently supports more than 300 projects covering multiple blockchain fields, and some high-quality projects have been listed on Huobi HTX for trading.