SINGAPORE, April 19, 2024 /PRNewswire/ -- HTX Ventures,
the global investment arm of the cryptocurrency exchange HTX, has
officially announced a strategic investment in Merkle 3s Capital,
an innovative hybrid Global Web3 Fund based in Hong Kong, dedicated to the research and
development of blockchain technologies. This investment highlights
HTX Ventures' commitment to fostering innovation and supporting
scalable Web3 technology development globally.
Merkle 3s Capital stands at the forefront of identifying and
capitalizing on the next wave of market consensus, with a strategy
that includes diverse investments in projects across both primary
and secondary markets. With over a decade of industry experience
and a portfolio that includes more than 100 investments across
various blockchain ecosystems, Merkle 3s Capital has established
itself as a key player in the Web3 space. The firm supports
significant projects like Core, TON and Solana, leveraging its
robust connections with leading crypto exchanges and top
universities to advance technological innovation and global
impact.
Edward, Managing Partner at HTX Ventures, emphasized the
strategic value of the investment, stating, "We are pleased to
welcome Merkle 3s Capital as one of our strategic partners through
this investment. HTX Ventures is committed to our mission to
support promising companies such as Merkle 3s Capital and develop
the next generation of technological innovations. We continue to
expand and diversify our Fund of Funds portfolio, while solidifying
our position as a strong global investment leader."
Sarah, Founding Partner at Merkle 3s Capital, said, "Merkle 3s
Capital aims to empower top-notch technologists and entrepreneurs
to build high-impact Web 3 and digital economy projects around the
world. To achieve that, we lean on our network of strategic
partners with resources including the best academic institutions,
exchanges and communities. The investment from HTX Ventures will
allow Merkle 3s Capital to continuously strengthen our resource
pool and accelerate the growth of our portfolio projects."
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates
investment, incubation, and research to identify the best and
brightest teams worldwide. With a decade-long history as an
industry pioneer, HTX Ventures excels at identifying cutting-edge
technologies and emerging business models within the sector. To
foster growth within the blockchain ecosystem, we provide
comprehensive support to projects, including financing, resources,
and strategic advice.
HTX Ventures currently backs over 200 projects spanning multiple
blockchain sectors, with select high-quality initiatives already
trading on the HTX exchange. Furthermore, as one of the most active
Fund of Funds (FOF) investors, HTX Ventures collaboratively forges
the blockchain ecosystem alongside premier global blockchain funds,
including Dragonfly, Bankless Ventures, Animoca, Shima, and IVC.
Visit us here.
Contact Details
Michael
Wang
glo-media@htx-inc.com
Company Website
https://www.htx.com/en-us/ventures
About Merkle 3s Capital
Merkle 3s Capital is a Hong
Kong-based venture capital firm specializing in hybrid
crypto funds. Our expertise and experience in the industry span
over 10 years, with a previous portfolio of more than 100
investments across the blockchain ecosystems. We pride ourselves on
our team of experienced partners dedicated to leading the industry
toward worldwide impact. Visit us here.
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