Huobi unveils its business arm – Huobi Cloud to build digital asset exchanges
Huobi has formally confirmed the launch of its Huobi Cloud business arm – a one-stop solution for digital asset exchange. It will help its partners to build digital asset exchanges that are secured and stable at the minimal time.
A leading Chinese web-platform for cryptocurrency exchange, Huobi Cloud has attracted “attention from the world’s largest top industry organisations” like JIFU Investment (Holdings) Group，Russia State Corporation Bank for Development and Foreign Economic Affairs, YATAI International Holding Group. Currently, more than ten multinational companies have already partnered with Huobi Cloud.
As reported by Coin Telegraph, at the launch, Leon Li, Chairman of Huobi, said: “In this era of significant and strong adoption of blockchain technologies, Huobi is looking to share its expertise and experience with the entire blockchain ecosystem and through this, develop the industry further to achieve mutual benefits for all stakeholders.”
The business arm hopes to cooperate with global partners to promote the rapid and healthy development of the global Blockchain industry, improve financial efficiency and achieve mutually beneficial partnerships.
How will Huobi Cloud assist businesses?
With the vision to advance financial efficiency and achieve mutually beneficial partnerships, the business arm has been tailored to assist its global partners with their Blockchain ventures.
Now the company is inviting firms that are eyeing the blockchain industry, so they can establish “autonomous, efficient and transparent digital asset exchange clusters” to “empower financial services and liberate global wealth”.
“Huobi Cloud will rely on Huobi’s existing digital asset exchange platforms, providing partners with the services of setting up OTC exchanges and currency exchanges with little to no IT capability requirement. Partners can share the order integration system, wallet system, asset management and clearing system of the Huobi Global platform, while at the same time connecting Huobi Global’s depth, liquidity, and market data,” the Singapore based exchange stated in its official announcement. The OTC solution checks the legitimacy of the of fiat currencies like US Dollars, Hong Kong dollars, Chinese yuan, and cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
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