Cryptocurrency exchange Huobi opens doors to institutional investors

Cryptocurrency exchange Huobi, which is one of the top 10 leading crypto exchanges by trading volume, has launched an investment platform for institunional investors.

The platform, called Huobi OTC Desk, gives investors access to various cryptocurrencies, including Bitcoin and Ethereum. Cryptocurrency investors can trade digital assets in pairs with fiat currencies such as the U.S. Dollar, Euro and British pound.

The platform will operate separately from the rest of the Huobi digital ecosystem. Huobi OTC Desk differs from the main exchange in that the project received a license from the Financial Services Commission of Gibraltar. It allows traders to make financial transactions on blockchain, and trades will be legally backed up and protected by the state.

Lead manager of Huobi Global, Jeff Adams, noted that the lack of government regulations is often the main reason why institutional investors are resistant to make any blockchain-based financial trades. At the same time, the interest in investing in crypto assets is very high, and it’s growing every day.

“We see a lot of appetite out there from players in more established financial markets when it comes to digital assets but many are still uncomfortable jumping into unregulated trading environments,” said Mr Adams.
“We also see an unfilled need for services aimed at those looking to make large volume transactions. Huobi OTC Desk is a big step forward to filling both of those needs,” continued the senior sales manager for Huobi Global, Jeff Adams.

The Huobi OTC Desk is dedicated only for large volume transactions, so crypto investors that are usually participating…

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