TechFlow News — According to official announcements, on October 11, HTX Ventures announced an investment in the social platform REPUBLIK, supporting its development of innovative Web3 creator tools and platforms on blockchain to explore novel ways of human interaction. This investment reflects HTX Ventures’ commitment to long-term industry building and advancing innovation and growth within the blockchain ecosystem and creator economy.
REPUBLIK has currently completed a $6 million seed round at a $75 million valuation. Launched in November 2022, REPUBLIK enables content creators to connect with their audiences on the platform and utilize built-in smart contracts for monetization, allowing creators to produce content, engage, and earn rewards.
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 pioneer in the blockchain industry for over a decade, HTX Ventures drives cutting-edge technologies and emerging business models, offering comprehensive support—including funding, resources, and strategic consulting—to partner projects to build a sustainable blockchain ecosystem. To date, HTX Ventures has backed more than 200 projects across multiple blockchain sectors, with some high-potential projects already listed on Huobi exchange. Meanwhile, HTX Ventures is one of the most active fund-of-funds (FOF) investors, partnering with leading global blockchain funds such as IVC, Shima Capital, and Animoca Brands to jointly develop the blockchain ecosystem.
