Huobi Group has announced a new project – Huobi Cloud. The service will enable clients to create their own crypto trading platforms with Huobi foundation.
According to the news reports citing the company, the Huobi Cloud project has partnered with about 10 international businesses. As Huobi stated, the new service will help to set up OTC platforms as well as exchanges dealing with cryptocurrencies. Among the features, users will be able to apply to their platform order and wallet systems. Moreover, asset management and clearing system of Huobi Global will also be available for them.
"In this era of significant and strong adoption of blockchain technologies, Huobi is looking to share its expertise and experience with the entire blockchain ecosystem and through this, develop the industry further to achieve mutual benefits for all stakeholders," commented Huobi Group Chairman.
Huobi Cloud will be designed for four areas: exchange, OTC, operational and ecosystems. The provided exchange services will reportedly include tokens, hot/cold wallets, risk management, while the OTC will secure verification of the fiat-crypto trading of USD, HKD, CNY and Bitcoin, Ethereum, Teather.
For reference, Huobi is now top-3 exchange for digital coins. It runs businesses in the USA, Singapore, South Korea, Japan and Hong Kong.