Huobi enters DeFi Market with massive investments. The new investment Fund will be focused on DeFi research and investments. The operator of the cryptocurrency exchange Huobi established an Investment fund focused on DeFi segment, Coindesk reports. The Fund owns assets worth tens of millions of dollars. The Fund known as Huobi DeFi Labs will be engaged in research and investment in the decentralized finance projects. It is exciting to see the power of the permissionless economy unleashed at global scale. However, there are still many problems to be solved at the theoretical and technical levels, commented Sharlyn Wu the former banker appointed as a chief investment officer to lead the initiative. The explosive development of the DeFi sector attracted venture investors to space. Thus, Polychain and Three Arrows invested a seven-figure seed round in KeeperDAO, while Pantera injected $2.6 billion in Injective Protocol Meanwhile, Messari researcher, Ryan Watkins, came to the conclusion that the size of the DeFi market is overestimated at this stage. Read more details here. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD weaker, challenges 1.1700 ahead of US ISM FX Street 3 years Huobi enters DeFi Market with massive investments. The new investment Fund will be focused on DeFi research and investments. The operator of the cryptocurrency exchange Huobi established an Investment fund focused on DeFi segment, Coindesk reports. The Fund owns assets worth tens of millions of dollars. The Fund known as Huobi DeFi Labs will be engaged in research and investment in the decentralized finance projects. It is exciting to see the power of the permissionless economy unleashed at global scale. However, there are still many problems to be solved at the theoretical and technical levels, commented Sharlyn Wu the former banker… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.