Huobi BTC company info

What does Huobi BTC do?
Huobi BTC (CRYPTO:HBTC), issued by Huobi Global, a leading cryptocurrency exchange, is a tokenized Bitcoin product backed by actual Bitcoin in Huobi's reserves. Each Huobi BTC token is exchangeable for 1 BTC on Huobi Global, offering a more accessible way to invest in Bitcoin. Operated on the Huobi ECO Chain, a blockchain optimized for trading and finance, Huobi BTC can be traded on various exchanges and used for payments at merchants accepting Huobi BTC. The Huobi team is actively involved in projects to enhance the Huobi BTC product and ecosystem. These initiatives include launching a decentralized exchange (DEX) for Huobi BTC trading, developing a payment platform for merchants, and expanding the network of exchanges and merchants involved. Huobi BTC aims to simplify Bitcoin investment, boost global Bitcoin adoption, and support the Huobi ecosystem's growth. With innovative projects in the pipeline, Huobi BTC holds promise for the future of Bitcoin adoption and is a project to monitor closely.
Huobi BTC company media
Company Snapshot

How many people does Huobi BTC employ?

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Employees
10+

What is the market cap for Huobi BTC?

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Market Cap
$199.2M

Where is the head office for Huobi BTC?

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Head Office
Singapore

What year was Huobi BTC founded?

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Year Founded
2018
What does Huobi BTC specialise in?
/HECO Ecosystem

What are the products and/or services of Huobi BTC?

Overview of Huobi BTC offerings
Collateral: Huobi BTC can be used as collateral for loans on decentralized finance (DeFi) platforms
Governance: Huobi BTC holders can participate in the governance of the Huobi ecosystem.
Investment: Huobi BTC can be used to invest in Bitcoin.
Payments: Huobi BTC can be used to pay for goods and services at merchants that accept Huobi BTC payments.
Staking: Huobi BTC can be staked to earn rewards.
Trading: Huobi BTC can be traded on Huobi Global and other exchanges.