The global investment department HTX Ventures of the cryptocurrency exchange Huobi HTX has announced a strategic investment in Vanilla Finance.
In order to promote innovation and development in the blockchain ecosystem, the global investment department HTX Ventures of the cryptocurrency exchange Huobi HTX has announced a strategic investment in Vanilla Finance. Vanilla Finance is known for enabling users to own Bitcoin at a low cost and has recently achieved outstanding results in its collaboration with Scroll and Bitlayer, generating a trading volume of 3 billion USDT within 70 days of its launch and attracting over 500,000 users.
Designed specifically for Telegram users, Vanilla Finance integrates mechanisms for earning while playing and trading mining, making cryptocurrency trading both convenient and enjoyable. The platform provides simplified derivative trading, real-time settlement, and leveraged financial products within Telegram, leveraging the extensive user base of Telegram to promote the widespread adoption of Web3.
Recently, Vanilla Finance has strategically partnered with two popular games on Telegram, Catizen and NotCoin, and has attracted investments from core founders of projects such as HTX Ventures, UOB Ventures, Paper Ventures, ABCDE Labs, Open Space, Y2, as well as Scroll, Step’N, and XAI. Through this financing, Vanilla Finance is advancing its vision to make cryptocurrency and trading accessible to everyone.
The managing partner of HTX Ventures stated, "Vanilla Finance provides users with the opportunity to enter the cryptocurrency market at a low cost, allowing them to own Bitcoin for as little as $10. This feature perfectly meets the needs of users. HTX Ventures is excited about the collaboration with Vanilla Finance and looks forward to making financial services more convenient and efficient through one of the world's most popular messaging platforms."
Michael Cameron, Chief Marketing Officer and Co-founder of Vanilla Finance, said, "The collaboration with HTX Ventures is not only a strategic choice for Vanilla Finance, but also an important step towards the transformation of the decentralized finance field. HTX Ventures' expertise in nurturing innovative blockchain projects aligns closely with our vision to democratize the financial market. We are delighted to have the support of HTX Ventures, which will help us create more possibilities in the decentralized finance field."
To celebrate its launch on Telegram, Vanilla Finance will offer special promotional activities for founding members from September 3 to September 10, 2024. Members can earn more Cone, a key metric for distributing airdropped tokens, through trading and sharing activities.
About Vanilla Finance
Vanilla Finance stands at the forefront of the DeFi revolution and has become the leading exchange on Telegram. The platform has attracted the attention and investment of numerous high-profile investors, demonstrating its innovative spirit and vision for popularizing DeFi. Vanilla Finance is not just a DeFi platform; it is a movement to make cryptocurrency trading and DeFi accessible to the masses, giving everyone the opportunity to own 1 Bitcoin for $10.
About HTX Ventures
HTX Ventures is the global investment department of Huobi HTX, integrating investment, incubation, and research to identify the world's best and brightest teams. As an industry pioneer with over eleven years of history, HTX Ventures excels at identifying cutting-edge technologies and emerging business models in this field. In order to drive growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently supports over 300 projects across various blockchain domains, with some high-quality projects already trading on the HTX exchange. Additionally, as one of the most active FOF funds, HTX Ventures invests in 30 top global funds and collaborates with leading global blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to collectively build the blockchain ecosystem. Visit us.
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