HTX Ventures announces strategic investment in Figment Capital to enhance global innovation support
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HTX Ventures announces strategic investment in Figment Capital to enhance global innovation support
This investment highlights HTX Ventures' commitment to fostering innovation and supporting scalable Web3 technology development globally.
Navigating Web3 tides with focused insightsHTX Ventures, the global investment arm of cryptocurrency exchange HTX, has officially announced a strategic investment in Figment Capital, an early-stage venture fund focused on blockchain infrastructure. This investment underscores HTX Ventures’ commitment to fostering innovation and supporting scalable Web3 technology development worldwide.
Founded in 2021, Figment Capital is dedicated to investing in high-conviction, early-stage blockchain infrastructure projects. Leveraging deep technical expertise and strong ties to Figment Inc., a leading enterprise-grade staking infrastructure provider, Figment Capital offers its portfolio companies unparalleled technical insights and support.
A managing partner at HTX Ventures said: “We are thrilled to welcome Figment Capital as a strategic partner. This investment aligns with our mission to support promising companies and drive next-generation technological innovation. By leveraging Figment’s technical expertise and extensive network, we can identify and support exceptional projects while helping them expand into Asian markets. HTX Ventures continues to strengthen its position as a leading global investor.”
James Parillo, Managing Partner at Figment Capital, added: “The HTX Ventures team has been incredibly supportive during our growth journey. Their deep understanding of Asian markets and experience operating a globally recognized exchange have proven invaluable. We appreciate the trust and support from the HTX Ventures team and look forward to a long-term collaboration.”
Figment Capital’s portfolio includes prominent projects such as EigenLayer, Celestia, Initia, Wormhole, Movement, and zkSync. Through close collaboration with its portfolio companies, providing strategic guidance and technical support, Figment Capital has earned strong trust and reputation among Web3 founders.
HTX Ventures is excited about the potential of this partnership. By combining Figment Capital’s technical strength and industry relationships with HTX Ventures’ extensive market reach across Asia, we aim to support the next wave of innovative blockchain projects. This strategic investment marks a significant milestone in advancing our mission to enhance global innovation support within the blockchain space.
About HTX Ventures
HTX Ventures is the global investment division of HTX, integrating investment, incubation, and research to identify the world’s most outstanding teams. As an industry pioneer, HTX Ventures has a decade-long track record of identifying cutting-edge technologies and emerging business models. To promote the development of the blockchain ecosystem, we provide comprehensive support to projects, including funding, resources, and strategic advice.
HTX Ventures currently supports over 200 projects across multiple blockchain sectors, with select high-quality projects already listed on the HTX exchange. Additionally, as one of the most active fund-of-funds (FOF) investors, HTX Ventures collaborates with top-tier global blockchain funds such as Figment Capital, Dragonfly, Bankless Ventures, Animoca, Shima, and IVC to build the blockchain ecosystem together. Visit our website for more information.
About Figment Capital
Figment Capital is an early-stage venture fund focused on blockchain infrastructure. Established in 2021, Figment Capital invests in high-conviction, early-stage blockchain infrastructure projects, offering robust technical insights and support. Its notable portfolio companies include EigenLayer, Celestia, Initia, Wormhole, Movement, and Starkware.
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