TLDR:
- HTX Ventures has made a strategic investment in Merkle 3s Capital to accelerate Web3 innovation.
- Merkle 3s Capital is a hybrid Global Web3 Fund based in Hong Kong with a strong presence in the blockchain space.
Full Article:
HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced its strategic investment in Merkle 3s Capital, a hybrid Global Web3 Fund located in Hong Kong. The investment aims to accelerate Web3 innovation and support the development of blockchain technologies.
Merkle 3s Capital has a decade of experience in the industry and a diverse portfolio of over 100 investments in various blockchain ecosystems. The firm is known for backing significant projects like Core, TON, and Solana, and has strong connections with leading crypto exchanges and universities.
Edward, Managing Partner at HTX Ventures, emphasized the importance of the investment, highlighting the commitment to supporting companies like Merkle 3s Capital to drive technological innovation globally. This partnership will help HTX Ventures expand its Fund of Funds portfolio and strengthen its position as a global investment leader.
Sarah, Founding Partner at Merkle 3s Capital, expressed her excitement about the investment from HTX Ventures, noting that it will help the firm empower technologists and entrepreneurs to build high-impact Web3 projects worldwide. The investment will also enable Merkle 3s Capital to enhance its resource pool and accelerate the growth of its portfolio projects.
HTX Ventures focuses on identifying cutting-edge technologies and emerging business models within the blockchain sector. With a strong history as an industry pioneer, the company provides comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects in multiple blockchain sectors.
Merkle 3s Capital, on the other hand, specializes in hybrid crypto funds and has a team of experienced partners dedicated to leading the industry toward worldwide impact. With a significant presence in the blockchain space, Merkle 3s Capital aims to drive innovation and support the growth of Web3 technologies.
