Huobi Global Launches Ivy Blocks, a $1 Billion Investment Unit Focused on DeFi and Web3
The Huobi Global cryptocurrency exchange has launched Ivy Blocks, an ecosystem investment arm focused on DeFi and Web3 projects. According to the press release, Ivy Blocks will invest in “promising blockchain projects” with the intent of identifying growth opportunities. The unit has launched with more than $1 billion in crypto assets under management (AUM).