One of the largest cryptocurrency exchanges Huobi issued a press release in which it announced the appointment of the head of the newly established trading platform, under the management of “strategic partner” of the stock exchange in the United States, the company HBUS.
Before heading to the American market of digital assets Huobi, Frank Fu (Frank Fu) has held senior positions in Meitu, Inc. — Chinese companies developing photo applications for smartphones.
In addition, Fu has created several mobile blockchain applications for consumer and digital media startups in USA and Asia. He also served as President of Kingsoft Office Software USA, a subsidiary of Kingsoft, and has worked as Vice President and General Manager at Bitfone, a startup for mobile device management, acquired by HP for $ 160 million.
“I am incredibly excited about this new role that will allow me to lead the expansion of HBUS in the U.S. market,” — said Fu. — “For the cryptocurrency industry is due for a serious time. I can’t wait to build a team that will create a platform of virtual and digital currencies are world-class able to offer its customers the best expertise, technological innovation and compliance with all regulatory requirements”.
According to a press release, today, the Fu will speak at the conference Blockchain Connect with report on “global blockchain-industry and its prospects”.
Also this month Huobi has announced the launch of its own public blockchain, project Huobi Chain Project (HCP), which will receive funding from the development Fund in the amount of $ 100 million.
Previously, we reported that a new index of the exchange Huobi 10, which tracks the 10 leading cryptocurrency was added to the Bloomberg Terminal.
According to CoinMarketCap, at the moment Huobi is the fourth-largest crypto currency exchange, where trading volume per day is around $852 million.
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