HTX Ventures and Figment Capital Forge Blockchain Partnership

HTX Ventures, the investment arm of the popular cryptocurrency exchange HTX, has recently announced a strategic investment in Figment Capital, a venture fund focusing on blockchain infrastructure. This move underscores HTX Ventures' commitment to fostering innovation and supporting the growth of scalable Web3 technology globally.

Figment Capital, founded in 2021, is dedicated to investing in early-stage blockchain infrastructure projects. With a strong technical background and close connections to Figment Inc., a leading provider of staking infrastructure, Figment Capital offers valuable technical expertise and support to its portfolio companies.

The collaboration between HTX Ventures and Figment Capital marks a significant milestone in driving technological progress and backing groundbreaking projects. By tapping into Figment's technical know-how and extensive network, HTX Ventures aims to identify and nurture exceptional projects, particularly in the Asian market.

Figment Capital's portfolio boasts projects like EigenLayer, Celestia, Initia, Wormhole, Movement, zkSync, and others. The fund's reputation for working closely with Web3 founders, providing strategic guidance and technical assistance, further solidifies its position in the industry.

HTX Ventures, renowned for its global investment strategies, employs a comprehensive approach encompassing investment, incubation, and research to scout promising teams and technologies worldwide. With a successful track record, HTX Ventures has backed over 200 projects spanning various blockchain sectors, with some projects already trading on the HTX exchange.

As an active Fund of Funds (FOF) investor, HTX Ventures collaborates with prominent global blockchain funds like Figment Capital, Dragonfly, Bankless Ventures, Animoca, Shima, and IVC to fuel innovation within the blockchain ecosystem.

The partnership between HTX Ventures and Figment Capital signifies a significant boost to the blockchain infrastructure sector. With a focus on supporting early-stage projects and leveraging technical expertise, this collaboration is poised to drive innovation and foster the development of cutting-edge technologies in the blockchain space.