Huobi Asset Management and Top Value partner to launch blockchain storage mining fund
Huobi Technology Holdings Limited's (Huobi Tech) wholly-owned subsidiary Huobi Asset Management (Hong Kong) Limited (Huobi AM), has launched an IPFS infrastructure mining fund, an important step in our Web 3.0 roadmap.
This new fund product is currently available for professional investors only.
Top Value Limited, a subsidiary of ChainUp Group, is the technical advisor for this project and will combine its experience and strengths to provide a professional mining fund technical strategy.
The newly-launched IPFS infrastructure mining fund (the Fund) will look for interests in companies that are engaged in cryptocurrency mining activities and companies that support or facilitate the cryptocurrency mining ecosystem. This fund, one-of-a-kind in the industry, focuses on the end-to-end industrial chain for mining services. Following the launch of three virtual asset funds in April 2021, it is the latest fund launched to map out Huobi Tech's development within Web 3.0 and the overall virtual asset ecology.