Huobi to Launch Blockchain Incubator for Chinese Startups
Huobi is set to launch a $1 billion fund for Chinese blockchain companies. The fund is set to provide startups technical and strategical support, and access to software, so startups can test their products/systems using blockchain technology. This initiative has come alongside with a new cooperation agreement made with a Chinese social media company named Tianya, which is seeking to jointly launch a "Global Cultural and Creative Blockchain Lab".
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