Crypto Exchange Huobi Expands Its Horizon Beyond Asia And Plans To Open Office In London

Crypto Exchange Huobi Expands Its Horizon Beyond Asia And Plans To Open Office In London

cryptocurrency exchange
April 19, 2018 by Bitzamp
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Crypto Exchange Huobi Expands Its Horizon Beyond Asia And Plans To Open Office In London Currently based in Signapore, bitcoin-exchange Huobi, plans to expand beyond the Asian region by opening an office in the UK capital of London. Huobi, one of the largest cryptocurrency exchanges in China, expands its activities outside of Asia. The company,
Bitzamp

Crypto Exchange Huobi Expands Its Horizon Beyond Asia And Plans To Open Office In London
Currently based in Signapore, bitcoin-exchange Huobi, plans to expand beyond the Asian region by opening an office in the UK capital of London.

Huobi, one of the largest cryptocurrency exchanges in China, expands its activities outside of Asia. The company, which is based in Singapore and has recently opened a subsidiary in South Korea, has announced a plan to establish an office in London.

In a report from CryptoBriefing, Chern Chung, Huobi’s senior business development manager for Europe, said that London was the preferred location for expansion into the West, adding:
Our statistics show that London is the most active trading scene across all of Europe. We want to have a presence here.

A base in London could allow the exchange to begin building and launching products and services for a European customer base. The company could also see a London office as an opportunity to build strategic relationships with the global banks headquartered in the city, the world’s top financial center, despite the ongoing uncertainty Brexit is still having on the ecosystem in London.

London is not the only city Huobi is considering setting up an office in. The Singapore-based cryptocurrency exchange is also in the process of opening up operations in San Francisco. At the end of March it began operations in South Korea.


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