Huobi Ventures recently has announced a strategic investment in xNFT Protocol,the automated NFT trading protocol .
Huobi Ventures is the newly founded global investment department of Huobi, committed to further expanding Huobi global investment and M&A boundaries. Huobi Ventures strategically focus on emerging fields with great development potential such as DeFi and NFT.
The xNFT Protocol is a kind of NFT product developed by the xNFT core team. It was founded in August 2020 to provide a set of infrastructure and innovative function in the NFT field. The xNFT Protocol announced the completion of the angel round and the A round of financing in April 2021, led by LD Capital and Fundamental Labs respectively, and many well-known blockchain funds all over the globe have participated in the investment.
