HTX Ventures Makes Strategic Investment in COREx to Support BTCFi and Next-Gen DEX Experience
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HTX Ventures Makes Strategic Investment in COREx to Support BTCFi and Next-Gen DEX Experience
HTX Ventures is the global investment arm of Huobi HTX, integrating investment, incubation, and research to identify the world's most outstanding and promising teams.
Navigating Web3 tides with focused insightsTo enhance the accessibility and impact of Web3 technology, HTX Ventures, the global investment arm of Huobi HTX, has made a strategic investment in COREx, a CoreDAO-backed DEX positioned as the flagship product for the Core ecosystem. This advanced DEX platform aims to revolutionize its domain by integrating social networking and AI-driven tools, ushering in a new chapter for the DeFi space.
CoreDAO is an EVM-compatible Layer 1 blockchain based on the Geth codebase, designed with a BTCFi philosophy. Through a hard fork, it enhances throughput and reduces costs. Its consensus mechanism combines Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) technologies to achieve scalability, security, and decentralization. Leveraging CoreDAO's infrastructure, COREx establishes an efficient market that fully unlocks the potential of BTCFi.
COREx offers a dynamic ecosystem supporting trading and community empowerment, enhancing user experience and strengthening value creation within decentralized networks through innovative tools. Features include an intuitive, customizable interface that enables newcomers to get started quickly, advanced trading options, and comprehensive community engagement tools. COREx is currently in the testnet phase and plans to distribute free-minted NFTs as rewards to its community.
The HTX Ventures team highlighted COREx’s strategic value within the evolving Web3 landscape: “We are confident in COREx’s ability to fundamentally transform how users interact with DEX platforms through social and AI-enhanced features. By providing advanced tools, COREx not only fosters tighter and more effective community connections but also drives its growth and expansion through a robust network of partners. This not only broadens Web3’s appeal to new users but also sets a sustainable growth trajectory for DeFi participants.”
Daya, co-founder and CTO of COREx, a veteran of the crypto industry with over a decade of experience, said: “COREx is set to begin as a DEX platform transforming the DeFi landscape and will eventually expand into a comprehensive suite of tools. This ecosystem will deliver significant value to all stakeholders, with benefits at every stage. With adaptability and dynamism, we are ready to face future challenges together with our partners and community members, building COREx into the go-to destination for all DeFi needs.”
Recently, COREx successfully completed a seed funding round led by the CoreDAO ecosystem, while its public fundraising round has drawn significant attention. Well-positioned for success, COREx is poised to accelerate technological development and redefine the DEX trading experience.
About COREx
COREx is a flagship V3-style DEX built on the CoreDAO ecosystem, featuring user-friendly design that simplifies onboarding, powerful social community functions, and advanced trading monitoring and AI advisory capabilities.
About HTX Ventures
HTX Ventures is the global investment arm of Huobi HTX, integrating investment, incubation, and research to identify the world’s most outstanding and promising teams. As a blockchain industry pioneer with over ten years of deep expertise, HTX Ventures advances cutting-edge technologies and emerging business models, offering comprehensive support—including funding, resources, and strategic consulting—to partner projects to build long-term blockchain ecosystems. To date, HTX Ventures has backed more than 200 projects across multiple blockchain sectors, with select high-quality projects listed on Huobi HTX. Additionally, HTX Ventures is one of the most active fund-of-funds (FOF) investors, collaborating with leading global blockchain funds such as Dragonfly, Bankless Ventures, Figment, Animoca, Shima, and IVC to grow the blockchain ecosystem.
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