Huobi to Create Unit Focused on Institutional Products

New team will be engaged in the development of additional services, including token credits, OTC trading and stablecoin targeted to institutional clients
27 March 2019   955

The cryptocurrency exchange operator Huobi.com HBUS announced on Wednesday the formation of a new team led by Katelyn Mew, who previously worked at investment company BlackRock and brokerage firm Charles Schwab. The team will be engaged in the development of additional services, including with lending tokens, over-the-counter trading and stablecoin targeted at institutional clients.

Institutional clients are seeking sophisticated trading platforms and a trusted marketplace. Unfortunately, the current landscape is significantly behind the traditional financial services industry. As more and more institutions integrate digital assets into their portfolios, they’ll need trusted, secure and compliant partners, such as Huobi.com.
 

Katelyn Mew

Former VP, BlackRock and current VP of sales and marketing, HBUS

Last August, Huobi announced the creation of an institutional trading service as an “exclusive channel for institutions, thanks to which they will be able to quickly and safely deposit / withdraw high-value assets in accordance with legal requirements.”

Poloniex Wants to be Tron Super Representative

If the exchange will be elacted, it will be able to participate in the distribution of awards for one and a half million TRX daily
18 November 2019   66

The Poloniex cryptocurrency exchange this Monday announced the nomination of its candidacy for the role of validator in the blockchain project system TRON.

If successful, the exchange will be able to participate in the distribution of awards for one and a half million TRX daily. At the time of publication, she ranks 92nd in the general list of candidates with 32,626 votes, while the last super-representative in the 27th position has 262,320,639 of them.

Some time before, Poloniex opened several trading pairs for the TRX exchange and announced an official collaboration with Justin Sun's project.