Huobi bitcoin tenge announced rebranding

Huobi cryptocurrency exchange has introduced an updated brand strategy, as a result of which the platform will abandon the official name Huobi Global. This was reported by FORKLOG representatives of the project.

According to the statement, the new name “Huobi” in Chinese is two hieroglyphs. The first means “eternal vitality and its connection with future generations”, the second – “determination to win”.

After the name change, the exchange will continue to develop the brand and will focus on politics in the “maximum degree” of the use of native ht -token ht. The asset will remain at the Huobi business strategy center, the company noted.

As part of a global expansion, the exchange plans to open a representative office in the Caribbean.

The company will also increase investments in Southeast Asia, Europe and other regions to increase the user base.

In order to scale the business, Huobi will consider the possibilities of strategic mergers and acquisitions. The company will also focus on attracting highly qualified specialists in the field of blockchain and virtual assets.

In the field of compliance with the regulatory requirements, Huobi will continue to adhere to a policy of regulation in all jurisdictions, expanding cooperation with supervisory authorities.

“With an updated brand, a new roadmap, as well as under the leadership of a global advisory council, I am sure that Huobi will strengthen the leadership in the market and regain first place in the ranking of other industry leaders,” said Tron Foundation, Justin San.

In October, the investment company ABOUT CAPATAL ManAGEMENT has More Russians came acquired a control package of shares of Huobi Global.

The media suggested that the final beneficiary of the transaction is. The entrepreneur denied rumors. The stock exchange clarified that he became a member of the advisory council.

Recall, Justin San announced a major position in HT tokens and plans to promote the increase in the value of the asset.

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