2018-6-28 18:38 |
Chinese cryptocurrency exchange Huobi confirmed the opening of its London office June 28, with over-the-counter (OTC) trading tests set to begin in Q3 this year.
Huobi plans to offer OTC trading throughout the European market.
Its new presence in London should “provide improved access to European financial markets and will enable UK-based blockchain and crypto asset startups to benefit from Huobi Labs and the Huobi Ecosystem Fund,” it added.
Spearheading the operation will be Lester Li as European Exchange Director and Josh Goodbody as General Counsel and Chief Compliance Officer at Huobi UK.
As of press time, Huobi is the third largest crypto exchange in the world at around $500 million in daily trade volume, according to Coinmarketcap.
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