TLDR:
- HTX Ventures makes a strategic investment in Merkle 3s Capital, a venture capital firm focused on Web3 startups.
- The investment aims to support promising companies in the Web3 space and drive technological innovation globally.
HTX Ventures, the investment division of the HTX cryptocurrency exchange, has announced a strategic investment in Merkle 3s Capital, a Hong Kong-based venture capital firm focused on innovative Web3 startups. This move solidifies HTX Ventures’ commitment to promoting scalable Web3 technology development globally. Both companies expressed excitement about the partnership, highlighting the goal of supporting top-notch technologists and entrepreneurs to build high-impact Web3 projects worldwide. The investment will allow Merkle 3s Capital to strengthen its resource pool and accelerate the growth of its portfolio projects.
HTX Ventures excels at identifying cutting-edge technologies within the blockchain sector and provides comprehensive support for projects, including financing and strategic advice. The company’s recent partnerships and investments, including the one with Merkle 3s Capital, demonstrate its dedication to fostering innovation and supporting developers in the Web3 space. With decades of experience, HTX Ventures has solidified its position as a leading investment firm within the industry.