Huobi announced that it has become the first exchange member of HKVAC, a virtual asset rating agency in Hong Kong. Huobi said that it will provide HKVAC with the exchange’s professional security technology and compliance standardization process as a reference, jointly provide industry investors with more authoritative risk management indicators, and formulate strict rating standards to credit existing exchanges. Evaluate. In addition, after joining HKVAC, Huobi will jointly explore multi-dimensional cooperation and upgrades such as technology, data, and ecology, and accelerate the implementation of Web3 infrastructure. HKVAC was established by professional rating agencies and the industry. It is composed of stakeholders in the virtual asset industry, including big data companies, exchanges, institutional investors, etc., together with Hong Kong licensed rating agencies. It aims to create a safe virtual asset investment environment to improve the public Investors' recognition of virtual assets.