HTX Ventures Sponsors LSDFI Summit, Advancing Discussions on DeFi’s Future

In a significant move for the decentralized finance (DeFi) industry, HTX Ventures has announced its sponsorship of the LSDFI Summit, a key side event of the ECC conference in Brussels. The summit, hosted by Tenderize, is set to take place on July 8, 2024, bringing together prominent figures in the DeFi space to discuss cutting-edge technologies and industry trends.

HTX Ventures, known for its commitment to supporting innovative technologies, has positioned itself as a main sponsor of this event. The company’s participation extends beyond financial support, as it will also engage in roundtable discussions, sharing insights on the future of liquid restaking and the broader development of DeFi. This involvement underscores HTX Ventures’ strategic focus on the LSDFI (Liquid Staking Derivatives Finance) domain, which has become increasingly important in the evolving landscape of decentralized finance.

The summit will also feature appearances from several HTX Ventures-backed projects, including Kelp DAO, Lombard, and Tomo. Kelp DAO, a leading liquid restaking protocol, boasts over $850 million in assets under management and serves more than 45,000 restakers. Its capabilities span both the Ethereum mainnet and eight Layer 2 networks, facilitating liquid restaking for native ETH and LST (Liquid Staking Tokens).

Lombard, another sponsored project, is developing a Bitcoin restaking protocol with the ambitious goal of transforming Bitcoin from a static store of value into a dynamic and productive financial asset. This initiative aims to contribute significantly to the growth of the Web3 ecosystem. Tomo, the third sponsored project, is an all-in-one Web3 social app that converts users’ online presence into a universal social wallet, promoting authentic connections and financial incentives in the digital space.

The LSDFI Summit represents a crucial platform for industry leaders to exchange ideas and explore the future direction of LSDFI and DeFi. By bringing together diverse perspectives and expertise, the event aims to foster innovation and drive the development of the entire industry. HTX Ventures’ participation and sponsorship of this summit demonstrate its commitment to playing an active role in shaping the future of decentralized finance.

As the global investment division of HTX, HTX Ventures brings a decade of experience in identifying cutting-edge technologies and emerging business models within the blockchain sector. The company’s approach integrates investment, incubation, and research to support promising teams and projects worldwide. With a portfolio of over 300 projects spanning various blockchain sectors, HTX Ventures has established itself as a key player in the ecosystem.

The company’s support extends beyond financial investment, offering comprehensive assistance to projects including strategic advice, access to resources, and guidance on navigating the complex blockchain landscape. This holistic approach to project support has contributed to the success of numerous initiatives, with some high-quality projects already trading on the HTX exchange.

HTX Ventures’ role as an active Fund of Funds (FOF) investor further cements its position in the industry. By collaborating with premier global blockchain funds such as Dragonfly, Bankless Ventures, Gitcoin, Figment, and Animoca, HTX Ventures is actively shaping the blockchain ecosystem and fostering connections that drive innovation.

The LSDFI Summit sponsored by HTX Ventures represents a significant opportunity for the DeFi community to come together, share knowledge, and chart the course for future developments in liquid staking and decentralized finance. As the industry continues to evolve rapidly, events like this play a crucial role in ensuring that innovation is guided by collective expertise and collaborative efforts.

For more information about HTX Ventures and its initiatives, interested parties can visit the company’s website.

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