Tag: Huobi

Acquisition
May 30, 2022 BY Steffy Bogdanova

Huobi Global expands in Latin America with Bitex acquisition

Caleb Lim, Senior Investment Manager at Huobi Group, added: Currently, only about half of Latin American’s population own bank accounts. Through this acquisition, Huobi Global hopes to meet this growing appetite for alternative financial services through blockchain technology. We intend to add more local fiat currencies and work with local partners to expand our ecosystem…

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Huobi Asset Management secures SFC licenses
August 03, 2020 BY Steffy Bogdanova

Huobi Asset Management secures SFC licenses for securities advisory and asset management services

Elaine Sun, the Compliance Director of Huobi Tech commented: We are delighted to get licensed and it marks a good start for the Company to provide professional asset management services. The Asset Management arm is led by a team of investment professionals with extensive traditional securities investment experience and fruitful knowledge in blockchain and virtual…

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roboforex licensed
November 26, 2018 BY Valentina Kirilova

Huobi granted DLT license by Gibraltar Financial Services Commission

Huobi, the Singapore-based cryptocurrency exchange and asset management service provider, has announced that it has been granted a full Distributed Ledger Technology (DLT) license by the Gibraltar Financial Services Commission (GFSC). After completing the application process, Huobi can now store and transmit value belonging to others using blockchain technology. Gibraltar’s Minister for Commerce, The Hon…

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FlexTrade adds Paul Beatty to team
November 13, 2018 BY Valentina Kirilova

Draper Athena Venture Capital Director joins U.S. digital currency marketplace HBUS

HBUS, the exclusive U.S. strategic partner of Huobi, the blockchain asset solutions provider, today announced Jay Ryu as Vice President of Corporate Development. Ryu previously served as the Venture Capital Director at Draper Athena, where he led technology investments across Silicon Valley, Asia, and the Middle East, while working closely with portfolio companies on operational…

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FlexTrade adds Paul Beatty to team
October 11, 2018 BY Valentina Kirilova

U.S. digital currency exchange HBUS hires former Intuit Compliance Director as CCO

HBUS, the exclusive U.S. strategic partner of digital currency marketplace Huobi has announced today Megan Monroe-Coleman as Chief Compliance Officer. Monroe-Coleman previously served as MTL Compliance Officer at Intuit, following the acquisition of Mint, where she was also a compliance officer. AT HBUS, she’ll be directly responsible for U.S. compliance functions and implementing comprehensive framework for regulatory…

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Huobi DM volumes
August 16, 2018 BY Valentina Kirilova

Cryptocurrency trading platform Huobi joins GLASS network and invests in SharesPost

SharesPost, a provider of liquidity solutions to the private growth asset class, has announced that Huobi, China’s largest cryptocurrency and blockchain token exchange and second largest worldwide, has joined the Global Liquidity and Settlement System network (GLASS). When GLASS becomes operational, Huobi will be able to settle secondary trades of digital securities by U.S. investors…

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March 30, 2018 BY Valentina Kirilova

How profitable are the world’s top crypto exchanges?

The top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit, according to Bloomberg calculations. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges make…

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