Huobi Expands Into the U.S. Through a Strategic Partnership With HBUS


Singapore-based Huobi, the third largest cryptocurrency exchange by trading volume, is expanding into the U.S. by way of an exclusive strategic partnership with San Francisco-based HBUS.

According to the company’s website, HBUS intends to provide U.S. investors with the same expansive investment opportunities available on the Huobi trading platform.

As the exclusive US strategic partner of Huobi, HBUS strives to be a reliable and efficient marketplace for a rich selection of high-quality virtual currencies so that our users can be part of the open and competitive market that discovers blockchain assets with genuine potential to revolutionize the future of finance. In celebration of our launch, we are pleased to announce this BTC giveaway and zero fee trading promotion.

Huobi has been very active over the past few months. In early May, the company announced plans to open an office in Canada during an event at EDCON (Community Ethereum Development Conference) in Toronto. In early June, Huobi launched its first exchange-traded fund (ETF), HB10, a trading vehicle that tracks the HUOBI 10 Index, one of the first crypto indices to be added to the Bloomberg Terminals.

Huobi also recently announced that it plans to invest $166 million to launch two new initiatives, the Huobi Chain Project (HCP) and the Huobi Chain Superhero Championship Program (HCSCP).

In the announcement accompanying the new exchange, HBUS provides a disclaimer emphasizing that the company is not owned by Huobi.

HBUS is not an “arm,” “subsidiary,” “division,” or any type of “affiliate” of Huobi. Nor is HBUS to be referenced as “Huobi US” or any variant thereof. HBUS is the “exclusive US strategic partner of Huobi,” and Huobi is “the world’s leading provider of virtual currency related services.”

The soft launch for the HBUS trading platform is currently scheduled for July 6.

More: HBUS — Why We’re Different Part 1
Follow us: Telegram | Twitter | Newsletter

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts