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Huobi Group Launches Incubator Fund To Bolster Filecoin Ecosystem

Emily Mason

Summary: Huobi Group announced a new incubator fund focused on Filecoin with a $10 million investment fund supporting the program, according to a recent announcement. The fund is designed to invest in ecosystem projects while encouraging the wider Filecoin community to grow. Protocol Labs will provide technical laboratory support to projects sponsored by the incubator program. Head ...

Huobi Group announced a new incubator fund focused on Filecoin with a $10 million investment fund supporting the program, according to a recent announcement.

The fund is designed to invest in ecosystem projects while encouraging the wider Filecoin community to grow. Protocol Labs will provide technical laboratory support to projects sponsored by the incubator program.

Head of Huobi’s decentralized business department, Sharon Wu, will supervise the incubation center.

By Emily Mason

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