On September 12, Bittrade announced its acquisition with Huobi-the crypto exchange to target Japan.
- Princi Narula
- Sep 13, 2018
The deal was made at an average per share price of $0.35 with a total amount close to $70 million.
The move could help Huobi to go public via a reverse initial public offering (IPO) or a reverse takeover (a takeover of a public company by a private company).
Facebook creator Mark Zuckerberg's elder sister Randi Zuckerberg has joined as a member of the Huobi Chain Expert Advisory Committee. She is currently the Founder & CEO of Zuckerberg Media and a former senior executive of Facebook...
'Huobi Automated Listing Platform' is developed to streamline the token listing application process. 'Huobi Project Center for Blockchain Projects' is a platform for all projects including projects listed and to be listed on Huobi...
Huobi sent an e-mail to their Indian users stating that they have started off with a P2P crypto exchange platform that would facilitate trades in Indian Rupees.
After setting their eyes on the US, Canada and European markets - Huobi has now set up a cryptocurrency exchange in Australia as well.
Huobi has launched an Exchange-Traded Fund - the HB10 ETF - which the company claims to be the world’s first Exchange-Traded Fund for retail investors!
Chris Lee, CEO of OKEx and the CFO of it’s parent company OkCoin stepped down from his positions to join Huobi as the VP of International Business Development
The third largest cryptocurrency exchange in the world is all set to get even bigger as the Huobi has announced plans to set up an office in Toronto, Canada.