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On August 3, Huobi Group, a world-renowned leader in the digital economy, announced the establishment of Huobi DeFi Lab and will invest tens of millions of dollars as an initial investment fund , Managed by Huobi DeFi Lab. Huobi DeFi Lab focuses on the research, investment, incubation, and ecological construction of DeFi (decentralized finance). It is planned to build a better financial system in the future by cooperating with the global encryption field and the DeFi community. The DeFi Lab is led by Sharlyn Wu, the chief investment officer of Huobi. Sharlyn Wu used to work for Union Bank of Switzerland and previously led blockchain investment at CMB International. Sharlyn Wu said: “In the past two years, we have witnessed the birth and exponential growth of DeFi. The depth, breadth and speed of its innovation are unprecedented. DeFi is unleashing the power of a free economy on a global scale, but at this stage From a theoretical and technical point of view, there are still many problems that need to be solved urgently. In order to provide mainstream users with encryption and DeFi services, it is necessary to increase investor education. At present, DeFi is still in its early stage and requires the joint efforts of the global community. , To jointly create and build a DeFi ecosystem.