The information about Huobi to complete the creation of Hainan’s headquarters in 2018 and initiates a billion-dollar global blockchain industry fund has been confirmed by the Huobi official.
This time Huobi set Hainan in a cooperative way and had in-depth collaboration with the old Tianya community. Huobi hopes on the influence of the Tianya community in Hainan to develop the Huobi business there.
Also, Huobi aims to complete its 5 constructive plans correspondingly with the mission of the Hainan Special Administrative Region:
1. The Chinese headquarters of the Huobi will be replaced to Hainan and placed in Hainan Ecological Software Park.
2. Organize a $1 billion fund for the global blockchain industry.
3. Establish a global top blockchain research institute together with the world's top universities.
4. Cooperate with the world's major industry firms to found 10 global blockchains + laboratories.
5. Construct a 40,000 square meter blockchain incubator.
Hainan is as well going to arrange and develop the first non-profit cutting-edge research institute concentrated on blockchain technology. After being established, the institute will have a global blockchain innovation fund, a blockchain laboratory, and a blockchain innovation talent-preparing center, an incubation park and industry summit forum.