Crypto exchange Huobi has recently unveiled it plans to change its brad name, and as a result, it will drop the official name Huobi Global.
According to the statement shared by the company, the new name “Huobi” in Chinese consists of two characters. The first means “eternal vitality and its connection with future generations”, the second – “the determination to win.”
After name change, the trading platform will continue to develop the brand and “focus on the policy” of using the project’s native token, the HT, to the maximum extent possible. The company has reported that the asset will remain at the center of Huobi’s business strategy.
The exchange plans to open a representative office in the Caribbean as part of its global expansion process.