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Huobi Ventures launches $10 million fund for GameFi investments

The Huobi Group’s investment arm announced the launch of a new fund with a budget of $10 million to invest in promising Game Finance (GameFi) projects. ForkLog was told by company representatives.

Under the Huobi Ventures program, Huobi Ventures will support blockchain-based gaming startups, including technical, marketing and PR assistance, as well as financial and legal advice.

For selected projects, Huobi Global is prepared to provide a dedicated channel for token listings and offer additional opportunities to raise brand awareness.

Earlier in May, Huobi Ventures launched. In September, the division supported the launch of the OP Crypto Capital Management fund with $25 million in assets.

Read more about GameFi and the prospects for this segment of the blockchain industry in ForkLog’s exclusive.

Follow ForkLog’s Bitcoin news on our Telegram — cryptocurrency news, rates and analytics.

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