Huobi told CoinDesk the entity is within the company group.
Multicoin Capital, LD Capital, CMS, Kenetic and Altonomy also participated in the round.
Galaxy Digital, NOIA Capital and Nomura Research Institute also joined the round, becoming strategic partners.
The fund, based in Labuan, Malaysia, aims to open access to digital assets for Southeast Asian institutional investors.
The firm said it has brought 12 different crypto ETPs to market, most recently the Polkadot ETP on Feb. 2
Taurus Group said it has integrated the Aave Protocols’ version 1 and 2.
Genesis Block Ventures, IOSG Ventures and others co-led the seed round.
The project's staking pool is nearing launch after seven months of beta testing.
If approved, North America's third bitcoin ETF is planned for listing on Tuesday.
Listing Tuesday, the ETP will track the price of ether and trade under the ticker “ZETH.”
The private bank is also investigating tokenization of assets, it announced Sunday.
Owned by billionaire Kjell Inge Roekke, the firm's new investment entity, Seetee, is going all in on bitcoin.
The land purchase was made via the acquisition of a New York firm.
Leuthold Group Chief Investment Officer Jim Paulsen told Reuters he is frustrated by not being able to hold bitcoin for his clients.
Centra Tech co-founder has been sentenced to eight years for conducting an illegal initial coin offering (ICO) that fleeced investors for $25 million.