Crypto Exchange Huobi Partners with Five Firms to Launch Trading Platforms

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The third largest cryptocurrency exchange on the planet has partnered with five firms to help them launch their own trading platforms. The Huobi Group will provide the framework for the new exchanges using the recently launched Huobi Cloud.Bear Market Can’t Stifle Interest in Growing Crypto InfrastructureThe popular Singapore-based cryptocurrency exchange Huobi has announced partnerships with five firms hoping to launch their own trading platforms.Yatai International Holding Group, Vnesheconombank, Chi Fu Group, Asia International Finance Holdings, and Dbank Group are the companies seeking to use the newly launched Huobi Cloud service to create new exchanges in the Philippines, Taiwan, Indonesia, and Canada.A senior business director at the exchange, David Chen, disclosed the partnership in a statement reported by the South China Morning Post earlier today:“Together with Huobi Cloud’s corporate partners, we can offer a lower barrier for emerging economies to enter and participate in the burgeoning blockchain ecosystem.”The Huobi Cloud