Huobi Launches Regulated OTC Platform for Institutional Investors
Huobi Group this Wednesday announced about creating new OTC division of Huobi OTC Desk, which will enable institutional investors and other interested parties to enter into transactions with digital assets for large sums.
The platform is regulated according to license, obtained by Huobi on Gibraltar for provision of services in the field of distributed ledger technology. Service supports transactions how in cryptocurrency pairs, and with fiat, in Tom with dollar USA, British pound and euro.
“We are seeing significant interest from players at more held financial markets to digital assets, but many of they continue to hesitate to join the unregulated trade Wednesday, – stated Jeff Adams, Huobi Global Sales Manager. – We also see an unmet need for services targeted at those who seek conclude larger deals. Huobi OTC Desk – this a big step towards meeting both needs “.
how notes company, her new OTC service is provided unit Huobi Gibraltar, licensed in Gibraltar, which distinguishes him from an established over-the-counter platform through which retail investors may make deals among themselves already enough long time.
On May 22, the IEO of the Reserve Protocol project will take place on the Huobi Prime platform. According to CEO Huobi Livio Wenu, this day also will be a special sales round was held, during which users will be offered to acquire bitcoins at a reduced price.