TechFlow news, on June 12, HTX Ventures announced a strategic investment in Avail. Avail is a modular blockchain solution designed to unify Web3 and optimize data availability (DA), thereby supporting scalable and customizable applications.
Avail DA is reportedly one of the fastest and most cost-effective data availability solutions currently available on the market. By combining its data availability layer with cross-chain interoperability and robust security provided by Avail Nexus and Avail Fusion, Avail is building a unifying layer for Web3. HTX Ventures joined Founders Fund, Dragonfly, and others in completing Avail's $43 million Series A funding round. With this round, Avail’s total raised capital reaches $75 million. The Avail mainnet is set to launch within the coming weeks.
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. To date, HTX Ventures has supported over 200 projects across multiple blockchain sectors, with some high-quality projects already listed on Huobi HTX exchange.
