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Huobi Tech Capital: Metaverse is on the Eve of an Explosion and NFT is Hampered by Liquidity

HONG KONG, June 22, 2022 /PRNewswire/ Huobi Tech Capital, the strategic investment and M&A division of Huobi Technology Holdings Limited ("Huobi Tech", stock code: 1611.HK), issued a research report titled "Current Situation and Future of crypto Asset Market" (the "report") in June 2022. Combined with the new development of the blockchain industry since 2021, the report divides the crypto assets industry into five major infrastructures and 18 segments aiming at the Web 3.0 world. The report analyses the current situation of DeFi, NFT, GameFi, DAO and other key sectors, and makes forecasts for the development trends. According to the report, with the large-scale popularization of decentralized storage technology represented by IPFS protocol and 5G network, the interconnection of everything and metaverse industry based on mixed and augmented reality is on the eve of an explosion. The metaverse will be closely related to the crypto industry, in which the

Huobi launches strategic investment unit

Huobi Technology Holdings Limited has launched its strategic investment and M&A unit Huobi Tech Capital, which will focus on acquisitions.

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