According to ChinaVenture.com, Taiyi Group announced that it has officially completed the acquisition of Huoxin, a social product of Huobi Group, and plans to develop Huoxin into a social platform focusing on data storage and Metaverse. Taiyi Group stated that Huoxin will complete product function optimization and upgrade in the near future, establish digital collections and metaverse communities, and will also provide users with metaverse digital identities, metaverse asset management, digital collection rankings and information, and UGC release platforms, etc. Function. Taiyi Group is a comprehensive technology group focusing on the research and development of blockchain technology and the implementation of the metaverse industry. It is also the official partner of the game engine "Unreal Engine" developed by Epic Games in China.