Beyond Finance is proud to announce it will be among the decentralized finance (DeFi) projects that will be supported by the $100-million fund from space partner, supporter, and industry driver, Huobi Ventures.
This is after the two entities entered into a special partnership that makes Beyond Finance the first project to benefit from a multi-dimensional deal that will initiate investment, active support and advisory services from Huobi Ventures and HECO Fund.
Huobi Ventures joins a star-studded cast of investors that are backing Beyond Finance which includes DuckDao, Spark Digital Capital, Consensus Capital, GBIC, Blocksync, Moonwhale Ventures, X21 Digital and OKEx Blockdream Ventures.
Beyond Finance beats other projects
“In fact, we have been reached out to by a lot of similar projects in DeFi, but clearly different from them, Beyond Finance stood out to us,” Loki from Huobi Ventures said.
Beyond’s multi-dimensional and easy-to-use platform offering is what made it attractive for Huobi Ventures to commit to a strategic investment to the continually growing DeFi ecosystem that is now considered to be a $100 billion sector.
Kenneth, co-founder and CPO at Beyond Finance, said, “We are excited and grateful that Huobi joins us as we look to enter the market with our consumer-friendly platform expanding the synthetic DeFi ecosystem.”
About Beyond Finance and Huobi Ventures
Huobi Ventures is an investment arm that is committed to further expand the boundaries of investment, focusing on emerging areas with great potentials such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
One of its special funds, the HECO Fund, which will play a vital role in the partnership, is leveraged to support the development of high-quality projects on the open platform and Huobi ecosystem.
Meanwhile, Beyond Finance is a decentralized platform dedicated to creating and trading synthetic financial products designed to suit the needs of the synthetic creator.
Together, these entities will pool resources and combine strategies to create a user-friendly decentralized synthetic asset platform that is expected to once again elevate the standards of DeFi projects.
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