# Huobi Global launches $1B investment arm focused on DeFi and Web3
” Huobi Global launches $1B investment arm focused on DeFi and Web3 “ Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy. Dubbed Ivy Blocks, the new investment arm has over $1 billion in crypto…