Singapore, Singapore, October 24th, 2024,
Chainwire
On October 22-23, HTX made a prominent presence at Blockchain
Life 2024's Platinum Exhibition Area, while serving as an exclusive
sponsor of the Business Networking Area. This initiative not only
highlights HTX's brand and strength but also deepens its
cooperation with the Middle East's crypto community, providing a
fresh impetus to the innovative applications of blockchain
technology and cryptocurrencies worldwide.
Importantly, Justin Sun, founder of TRON and Global Advisor to
HTX, earned the "Crypto Entrepreneur of the Year" award at
Blockchain Life 2024, reflecting the summit's recognition of his
exceptional achievements and innovative prowess in the blockchain
field.
During the summit, Edward Chen, Managing Partner of HTX
Ventures, and Charmaine Lim, Head of VIP Client Services at HTX,
were invited to participate in panel discussions, where they shared
HTX's latest insights and industry expertise.
Charmaine spoke at the roundtable discussion titled "Crypto
Exchanges and Private Investors: Shaping Investment Strategies and
Adapting to Market Trends." She emphasized that many investors
overlook crucial aspects such as liquidity and market depth due to
a lack of security awareness, often resulting in asset losses.
Exchanges like HTX can help investors minimize the risk of errors
by providing user education, intuitive interfaces, robust security
measures, professional customer service, and regulatory compliance.
Furthermore, she pointed out that investors can mitigate risks
through portfolio diversification, particularly by allocating funds
to a broad range of cryptocurrencies and DeFi platforms.
In addition, Charmaine also noted that HTX will ensure all
investors can execute trades effectively, even in highly volatile
markets, by expanding the depth of the order book, utilizing price
stabilization mechanisms such as algorithmic trading and risk
management tools, and enhancing risk education for individual
investors.
During a roundtable discussion titled "The Unicorn Journey:
Insights from Top Venture Capitalists", Edward shared his
perspectives on the crypto market landscape and development trends
for 2024. He is optimistic about four key areas that are currently
noteworthy: CeDeFi (Centralized-Decentralized Finance), DeFi 2.0,
the integration of AI and blockchain, and the convergence of Web
2.0 and Web 3.0.
According to Edward, HTX Ventures is now focusing on pre-seed to
Series A investments, particularly targeting early-stage projects.
Their investment scope covers a wide spectrum of sectors, such as
infrastructure, DeFi, DePin, SocialFi, GameFi, Layer 1 & 2,
BTCFi, and AI. Beyond attractive valuations, HTX Ventures
prioritizes business innovation, business models, operational
capabilities, and team building as key pillars of its investment
philosophy.
As the Managing Partner of HTX Ventures, Edward was also invited
to another global crypto summit in Dubai, the Cardano Summit 2024.
In the roundtable discussion "Empowering Users: The Impact of
Exchanges on Crypto Accessibility," Edward expressed his opinion
that the blockchain landscape may undergo significant polarization
in the future.
Based on Edward's view, three main factors are contributing to
this phenomenon. First, as more exchange-traded funds (ETFs) enter
the market, larger capital gains easier access to lucrative
investment opportunities, further reinforcing existing wealth.
Second, the influx of highly educated individuals with strong
financial backgrounds into the blockchain space will lead to
greater specialization. Third, large capital possesses a distinct
advantage in the market, enabling it to leverage resources and
information effectively. This advantage makes it easier for wealthy
investors to generate higher returns, further widening the wealth
gap.
From Blockchain Life to the Cardano Summit, HTX and HTX Ventures
have made frequent appearances in Dubai within a short period,
underscoring their strategic positioning in the Middle Eastern
crypto market and their commitment to developing the region's
blockchain ecosystem. Through active participation in industry
events and summits and by sharing insights on market trends and
investment strategies, HTX seeks to foster innovation and
application in crypto technology, thereby contributing to the
building of a more accessible Web 3.0 ecosystem.
About HTX
Founded in 2013, HTX has evolved from a
virtual asset exchange into a comprehensive ecosystem of blockchain
businesses that span digital asset trading, financial derivatives,
wallets, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities
that enable it to provide users with safe and reliable services.
Adhering to the growth strategy of "Global Expansion, Thriving
Ecosystem, Wealth Effect, Security & Compliance", HTX is
dedicated to providing quality services and values to virtual asset
enthusiasts worldwide.
For more information on HTX, users can visit the HTX Square, or https://www.htx.com/, and
follow X, Telegram, and Discord. For further press enquiries, users can
contact HTX@ruderfinn.com.
Contact
Ruder Finn
Asia
htx@ruderfinn.com