Huobi, the third largest cryptocurrency exchanges on the basis of 24h trading volume, on Thursday officially launched “Huobi Cloud” – its cloud business arm which will enable its partners to build secure and stable digital asset exchanges quickly.
The company said that more than 10 multinational corporations, such as International Finance Corporation, have already become the initial partners of the cloud venture. It has also received interest from Chinese internet company JIFU Investment (Holdings) Group, Russia State Corporation Bank for Development and Foreign Economic Affairs , YATAI International Holding Group.
The announcement follows the official launch of HBUS, the exclusive U.S. strategic partner of Huobi, which opened its cryptocurrency trading platform for U.S. residents earlier this month with over 20 trading pairs.
Huobi Cloud seeks to be a one-stop solution provider for digital asset exchange. According to the official website, it will offer – exchange solution, OTC solution, operational solution, and ecological solution.
“Huobi Cloud will rely on Huobi’s existing digital asset exchange platforms, providing partners with the services of setting up OTC exchanges and currency exchanges with little to no IT capability requirement,” Huobi added. “Partners can share the order integration system, wallet system, asset management and clearing system of the Huobi Global platform, while at the same time connecting Huobi Global’s depth, liquidity, and market data.”
Last month, the company announced its plans to build its first public and decentralised blockchain, Huobi Chain.
