TechFlow news — HTX Ventures has recently announced a strategic investment in Corn, a new Ethereum Layer 2 network purpose-built for real-world Bitcoin applications. Corn not only supports native BTC cross-chain bridging but also uses BTC as its gas token and integrates leading protocols' DeFi applications, addressing Bitcoin's immediate needs in the DeFi space.
Corn recently closed a $6.7 million seed round led by Polychain Capital. The founding team comprises seasoned DeFi builders with prior experience launching projects such as Badger, Code4rena, Slingshot, and 0xBow.
HTX Ventures is the global investment arm of Huobi HTX, integrating investment, incubation, and research to identify the world’s most talented and innovative teams. HTX Ventures currently supports over 300 projects across multiple blockchain sectors, with select high-quality projects already listed on the Huobi HTX exchange.
