Clover Finance receives investment from Huobi Inno Labs

Clover Finance receives investment from Huobi Inno Labs

Clover Huobi

On December 8th, Huobi Inno Labs announced a 5 million USDT investment to the Polkadot Ecosystem Support Fund to promote the development of the Ecosystem and support projects and individuals financially in their contribution promoting the prosperity of the Polkadot ecosystem. We are very honored to be one of the first projects invested by Huobi Inno Labs.

Clover is a Polkadot parachain that provides simple and easy-to-use blockchain infrastructure and creates a one-stop compatible EVM framework for Substrate-based applications. For six months, since the project was established, we have made continuous progress and reached multiple milestones.

  • We completed a $3 million seed round in H1 2021, with investments from Polychain Capital, Hypersphere, Bithumb Global, and Divergence Ventures;
  • Listed as CoinList’s most noteworthy projects in 2021 along with many well-known projects such as Babylon Finance, Boson Protocol, DePay, Showcase, and Titan.
  • Completed a 41million USD fundraising on Coinlist, with more than 400,000 unique participants in the public offering;
  • Reached strategic partnership with more than 30 projects;
  • Launch of the Clover mainnet and the plugin wallet;
  • Joined the Web3 Bootcamp, which is jointly organized by Wanxiang Blockchain Lab and Parity;
  • We also recently launch the Sakura network. Sakura is a Substrate-based DeFi cross-chain infrastructure built by Clover for the Kusama DeFi ecosystem.
  • And more

About Huobi Inno Labs

Huobi Inno Labs is an investment fund under Huobi Group, committed to establishing a new financial system for the future through cooperation with global cryptocurrencies and communities.

About Clover Finance

Clover is a Polkadot parachain that provides simple and easy-to-use blockchain infrastructure and creates a one-stop compatible EVM framework for Substrate-based applications.

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