Huobi HTX announces integration of Fireblocks Off Exchange to provide more solutions for user transaction security

Huobi HTX announced the integration of Fireblocks Off Exchange to reduce exchange counterparty risk. Huobi HTX adheres to the principle of "user first" and will continue to reduce trading risks, improve trading experience, and work with Fireblocks to create a crypto world with freer trading. As the first solution to truly reduce counterparty risk, Fireblocks transaction mapping allows institutional users to trade with MPC technology and on-chain settlement while having direct control over mapped assets. It is reported that in the past 90 days, the network has ensured more than $200 billion in transactions between institutional users and more than 30 affiliated exchanges. Previously, in March 2023, Huobi HTX signed a strategic agreement with Fireblocks and launched the Fireblocks network. The agreement shows that the two parties are driven by Fireblocks' self-custody solution to enable customers of both parties to trade directly on the Huobi HTX platform.