Huobi‘s Acquisition of HongKong Listed Companies Basically Completed, Waiting for Regulatory Review On October 11th, Huobi and Tongcheng Holdings once again issued a joint announcement that as of 4 pm on October 10, the last two remaining shares have been completed. If there are no special circumstances, the supervision will respond to the change of the two parties’ equity within 15 days.
The New CEO of Huobi China: Yuan Yuming After the adjustment of the new structural system of the Huobi Group, Yuan Yuming, Dean of Huobi Blockchain Research Institute and General Manager of the Public Chain Business Unit, became the CEO of Huobi China. According to the data, Yuan Yuming was a securities analyst and joined Huobi China in early March 2018.
Huobi Wallet Officially Launched On September 14, Huobi wallet was officially launched. It is reported that Huobi Wallet is a multi-currency digital currency wallet that supports BTC, ETH, USDT, LTC and other main chains and all ERC20 Tokens. Huobi Wallet will be deeply integrated with other products and services of the Huobi Group, providing users with a convenient integrated asset management and interactive experience.
Huobi Acquires Japan’s BitTrade Crypto Currency Exchange Huobi has acquired 100% stake of Japanese crypto currency exchange BitTrade through its wholly-owned subsidiary, Huobi Japan Holding Ltd. Huobi may has taken the opportunity to enter the Japanese market. BitTrade is currently one of 16 cryptocurrency exchanges in Japan that already have a trading license.
Huobi Group Acquires Hong Kong Main Board Listed Company The major shareholder of Tongcheng Holdings, a listed company of Hong Kong stocks, transferred 73.73% to Li Lin, chairman of the Huobi Group. After the transfer, the Huobi Group became the actual controller of Tongcheng Holdings. This acquisition is an important measure for the development of the Huobi Group in terms of standardization and internationalization.
Huobi Pool Announces to Launch Global Eco-Token HPT According to Huobi Pro, Huobi Pool announced that it will launch the Huobi Pool Global Eco-Token HPT on August 19, which is called the Huobi Pool Token（HPT）. The total amount of HPT is about 10 billion, which is based on the HT eco-token, and HT users will receive 20% as airdrop reward.
Huobi Group Launches Huobi Cloud May Support Legal Currency Transactions According to the official news of Huobi, Huobi Group has announced a partnership with companies in the Philippines, Indonesia, Russia and Canada, and will begin to use Huobi Cloud to handle over-the-counter transactions and cryptocurrency transactions.
Huobi Korea Station and Jeju Island Reached Cooperative Relationship On August 3, Huobi Korea Station and the Jeju Island in South Korea reached a cooperative relationship. According to Huobi, “If Huobi can build a blockchain hub with the Jeju Special Municipality, the Huobi Korea Station will use the global network human resources to create an advisory group.”