Hong Kong-based Huobi Tech launches over-the-counter cryptocurrency market
Huobi Technology aims to become the leading universal platform for virtual assets
03.03.2022 - 10:35
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What’s new? Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) market. Huobi Tech will allow investors to trade cryptocurrencies as well as fiat currencies through OTC. For now, the US dollar is available from fiat currencies, but the company plans to expand trading and add the euro, British pound, and Hong Kong dollar in the near future.
What is known about Huobi Tech? Huobi Technology Holdings operates independently of Huobi Group, the company that owns the Huobi Global cryptocurrency exchange. Both companies have common shareholders but are two separate legal entities.
Huobi Technology has been listed on the Hong Kong Stock Exchange (HKEX) since 2016. It was previously known as Pantronics Holdings, an electronic goods manufacturer founded in 1990.
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