HTX Ventures, the global investment arm of HTX, has announces a strategic investment in Hong Kong-based Merkle 3s Capital, a hybrid Global Web3 Fund focused on blockchain technology R&D. This investment underscores HTX Ventures' commitment to driving innovation in the Web3 sector worldwide.
This collaboration aims to bolster Web3 innovation by leveraging Merkle 3s Capital’s expertise in identifying and investing in emerging blockchain technologies.
With over a decade of industry experience and a portfolio featuring more than 100 blockchain projects, Merkle 3s Capital has become a prominent player in the Web3 space.
Edward, Managing Partner at HTX Ventures, commented on the recent investment.
"We are thrilled to welcome Merkle 3s Capital into our circle of strategic partners. This move is in line with our commitment to nurture promising companies and spearhead the next wave of technological breakthroughs," he stated.
Sarah, Founding Partner at Merkle 3s Capital, highlighted the impact of this partnership.
"Our goal is to empower exceptional technologists and entrepreneurs globally to develop impactful Web3 and digital economy projects. The investment from HTX Ventures strengthens our resource network and accelerates our portfolio projects' growth," she explained.
Conclusion
The strategic investment by HTX Ventures into Merkle 3s Capital is set to induce advancements in the Web3 domain, acknowledging HTX Ventures' commitment to investing in rising startup in the global blockchain space.
This partnership not only enhances Merkle 3s Capital’s capacity for innovation but also solidifies HTX Ventures' expansive approach to nurturing the blockchain ecosystem.
