HTX Ventures, the global investment arm of the HTX cryptocurrency exchange, strategically invested in COREx, a decentralized exchange (DEX) leveraging CoreDAO technology. Positioned as a key product in the Core Ecosystem, COREx aims to redefine decentralized finance (De-Fi) by integrating social networking and AI-driven tools.

COREx operates on the CoreDAO blockchain, originally known as BTCFi, which is an Ethereum Virtual Machine (EVM)-compatible Layer 1 public blockchain. Its primary objective is to enhance throughput and reduce costs through a rigorous hard-fork approach that combines Proof-of-Work (PoW) and Delegated Proof of Stake (DPoS) mechanisms for scalability, security, and autonomy.

Utilizing CoreDAO’s infrastructure, COREx establishes a marketplace to maximize BTCFi’s potential, offering dynamic features to empower communities and enhance user experiences. With its intuitive interface, advanced transaction options, and community engagement features, COREx fosters active participation and interaction within its ecosystem.

As part of its community engagement strategy, COREx plans to introduce free-mint NFTs during its testnet phase. HTX Ventures' managing partner, Edward, emphasized the strategic importance of COREx in the expanding Web3 landscape, expressing confidence in its ability to transform user engagement on DEX platforms through social and AI-driven functionalities.

COREx stands out by offering innovative technologies supported by a strong partnership network, positioning itself as a disruptor in the DeFi market. With a seasoned team led by co-founder and CTO Daya, COREx aims to revolutionize the DeFi landscape and become a leading platform offering a comprehensive suite of tools.

Backed by CoreDAO Ecosystem and strong interest from public fundraising rounds, COREx is well-positioned to accelerate its tech development and redefine DEX trading. HTX Ventures, known for identifying blockchain innovations, provides financial support and resources to foster growth within the blockchain ecosystem, collaborating with top global blockchain funds to support numerous firms across various blockchain industries.