Officially renamed "Huobi"! Huobi completed the acquisition of Hong Kong Baiyu Capital "upholding traditional Chinese cultural thinking"

Abstract: FX168 Financial News (Hong Kong) reported that Huobi announced its brand upgrade strategy yesterday (22nd). The Chinese brand name was officially changed from "Huobi" to "Huobi". Hong Kong's Baiyu Capital M&A Fund completed the acquisition of Huobi last month. This brand strategy upgrade came into being to adapt to the rapid development of the industry and respond to the needs of global business expansion, marking the official release of its global development roadmap and international operation strategy.

FX168 Financial News (Hong Kong) reported that Huobi announced its brand upgrade strategy yesterday (22nd). The Chinese brand name was officially changed from "Huobi" to "Huobi". Hong Kong's Baiyu Capital M&A Fund completed the acquisition of Huobi last month. This brand strategy upgrade came into being to adapt to the rapid development of the industry and respond to the needs of global business expansion, marking the official release of its global development roadmap and international operation strategy.
According to Huobi's official website, the character "Huo" represents the power of endless life and the quality passed down from generation to generation in Chinese culture. In terms of shape, the word "must" is a combination of "heart" and "righteousness". In the future, Huo will continue to provide more professional and secure virtual asset management services for global users from the heart, and is committed to realizing its mission of "strengthening asset security and promoting inclusive finance".

(Source: Blockcast)

Huobi also mentioned that at the same time, they will uphold the idea of "righteousness" in traditional Chinese culture, implement the concept of "science and technology for good", contribute to the innovative development of global blockchain technology, and strive to realize the vision of "technology changes the world".
After completing the brand upgrade, Huobi will fully empower and strengthen the brand, and give full play to the important strategic attributes of Huobi Token (HT). Huobi will take HT as the core of its business strategy and take the opportunity of HT voting for listing to continue to explore high-quality projects in the market.
The official website also wrote: "Huobi will focus on creating high-quality cutting-edge assets, support assets with market potential, and continue to empower the Huobi community. Huobi will uphold the concept of technology for good, and make every effort to create a safer environment for users to participate in early high-quality projects. , a more stable environment.”
In order to promote the realization of the global layout, Huo will surely conduct business in the Caribbean region. The Caribbean region has the advantages of open regulatory policies, common law legal system and widespread use of English, which will help it develop into a virtual asset industry center.
Huobi will also increase capital investment in Southeast Asia, Europe and other regions to promote the growth of user scale. In the process of global development and growth, Huo will definitely seek opportunities for strategic mergers and acquisitions. At the same time, Huobi will also focus on recruiting the world's top talents in the field of blockchain and virtual assets.
In terms of compliance, Huo will continue to embrace local regulatory policies, strengthen cooperation with local authorities, and establish a compliant operating model for global business development. #NFT and cryptocurrency#
Further reading: Mystery of the Century! Huobi is owned by "this Chinese" but removed from the transaction to avoid censorship?
As of 4:00 noon in the Asian market on the 23rd, Huobi Token rose 4.69% to $4.97.

(Source: Coinmarketcap)