Huobi Group opens first European office, announces key hires

London was selected as the first office in Europe, due to its pre-eminence as a global financial centre and the largest cryptocurrency trading centre in the region with an active blockchain community and fast developing market.

Li, formerly led the FinTech Investment Banking Team at China Renaissance. Goodbody comes to Huobi UK from Autilla, where he was Head of Legal for the commodities FinTech company and prior to that Counsel at State Street, covering the Futures & Options Execution and Clearing business and the FX Connect and Currenex Multilateral trading facilities.

Set for UK beta testing in Q3 2018, Huobi OTC will provide over-the-counter services for those who wish to trade large volumes of virtual currency. It compliments Huobi’s Quant Trading service which allows investors to utilise the functions of market making, arbitrage and trend predictions.