The world-leading cryptocurrency exchange sets its eyes on new London offices
Huobi Group, the leading global blockchain asset financial service provider, announced today its plans to expand into Europe with a new offices in London opening later this year.
Brexit’s impact on the United Kingdom and European economies, while still an unknown, has not dissuaded Huobi from choosing London as its first European base.
Chern Chung, Huobi’s senior business development manager for Europe said, “Our research shows that London will become one of the most active trading scene across all of Europe. Entering the UK market is an indispensable move for Huobi to become the number one global cryptocurrency exchange.”
Today, based on data from CoinHills.com, the Euro and British Pound have become the third and fourth most popular currencies being traded for bitcoin in the past six months.
Establishing Huobi’s first European offices in London sends a clear message, according to Chung, that the exchange wants to “go mainstream” by being compliant with relevant regulations. He continued “We look forward to working with regulatory bodies to help the cryptocurrency market become more credible so that mass adoption can come sooner.”
The trading volume from the UK already ranks fifth in the world making the UK the largest crypto trading centre in Europe. Setting up in London will provide access to London’s financial markets for Huobi and add fuel to the UK economy post Brexit.
Starting today, London-based blockchain and crypto asset startups can begin accessing Huobi Labs and the Huobi Ecosystem Fund, two new initiatives to help startups accelerate announced at the company’s first meetup in London on April 17.
About Huobi Group
Huobi Group offers international crypto investors a wide range of digital asset trading and management services. Founded in 2013, Huobi has become one of the world’s leading blockchain asset service providers and has offices in Hong Kong, Japan, Singapore, South Korea, Singapore, the United States, with more opening soon. WIth a vision to boost global financial reform, Huobi Group empowers millions of users across 130+ countries to participate in digital asset markets. In addition to providing 24/7 customer service, Huobi was also the first exchange to provide an independent evaluation framework for digital assets, 24 hours customer support and investor protection fund.
For more information, please visit www.huobi.pro
Four ways to interact with Huobi were announced, depending on people’s level of involvement in the crypto market:
1. Commission Rewards Program: Cryptocurrency traders can refer new customers to sign up and trade on Huobi. The referrer can share 30% of the commission fee from the referees. It turns traders into cryptocurrency mentors and promoters.
2. Huobi Knights: Huobi aims to build the largest community of media elites, quantitative traders, experienced financial professional, KOL in multiple areas and community influencers. Knights will communicate about their local markets as well as trading strategies with each other and learn/cooperate with each other to gain deeper insights of blockchain and cryptocurrency.
3. Huobi ecosystem fund and Huobi Labs:
Huobi Labs supports high-quality blockchain businesses and blockchain startup projects. It provides a comprehensive business consultancy and services, including strategy planning, business model design, token economics design, technical development, legal and compliance, team building, financing, community management, market value management.
Huobi has 200 million USD in its first round of ecosystem funding to invest in funds, blockchain investment banks, incubators, law firms, and research institutions. The goal of Huobi Labs is to link up high-quality blockchain projects and share resources to create a positive win-win global blockchain ecosystem.
Huobi Ecosystem Fund
The Huboi Ecosystem Fund is targeting funds, and community influencers to identify, incubate and invest the best blockchain projects in Europe. For their European partners Huobi will provide resources from China and Asia.