Core DAO Welcomes HTX Ventures to Core Venture Network, Boosting Developer Support and Innovation

Core DAO, the innovative Bitcoin-powered, EVM-compatible blockchain platform that merges delegated Proof-of-Work and delegated Proof-of-Stake, has announced a significant partnership with HTX Ventures. The alliance aims to amplify support for developers and innovators within the Core Chain ecosystem. In a recent tweet, Core DAO explained that the initiative seeks to offer strategic assistance to Core builders and projects, fostering an environment of innovation and growth within the network.

This collaboration signifies a renewed commitment to bolstering the growth and innovation within the Core Chain network. HTX Ventures, renowned for its strategic investments in blockchain technology, brings invaluable experience to the table. With successful ventures in projects like Pyth, Optimism, and Arbitrum, HTX Ventures is set to offer crucial insights and resources to the Core ecosystem.

1/ @Ventures_HTX has officially joined the Core Venture Network (CVN) as an ecosystem partner, with the joint aim to enhance the ecosystem’s support for developers and innovators within the Core Chain. pic.twitter.com/CgXIC1HlTW

— Core DAO (@Coredao_Org) April 16, 2024

Strategic Collaboration for Innovation

HTX Ventures, a global powerhouse under Huobi HTX, views this partnership as a pivotal moment for both organizations. The managing partner of HTX Ventures said, “This collaboration represents an important moment for HTX Ventures and the Core chain ecosystem. As the global power center of Huobi HTX, HTX Ventures aims to identify and discover the best and most innovative projects in the market. This partnership represents a fusion of expertise and resources, Aiming to unlock new opportunities for the growth and innovation of the Core chain.”

The partnership between HTX Ventures and Core Ventures through the Core Venture Network will facilitate strategic assistance to Core chain builders and projects. This support encompasses financial backing, advisory services, and industry connections, fostering an environment conducive to innovation and growth.

Brendon Sedo, an early contributor to the Core chain, highlighted the strategic significance of the partnership, saying “Partnering with HTX Ventures is a strategic step to strengthen Core’s ecological developer and entrepreneur support system. HTX Ventures’ track record of successful investments in blockchain technology is a perfect fit with our mission of cultivating a thriving, innovative ecosystem.”

With HTX Ventures’ rich project experience and expertise, particularly in advanced blockchain projects such as Pyth, Optimism, and Arbitrum, the Core ecosystem stands to benefit immensely. The addition of HTX Ventures to the Core Venture Network further enhances the resources and support available to the developer and entrepreneurial community within the Core Chain network.

For developers and entrepreneurs eager to bring their projects to life on the Core Chain, this partnership opens up new funding opportunities. Overall, the partnership between Core DAO and HTX Ventures through the Core Venture Network signifies a shared commitment to supporting and accelerating the development of groundbreaking projects within the Core Chain ecosystem.