HUOBI holds the first APAC summit to usher in institutional investors into crypto-markets.

Crypto markets are maturing fast thereby granting the necessity to establish the support infrastructure for institutional level trading. Huobi is spearheading efforts to make this a reality by involving all stakeholders in building an enterprise grade trading ecosystem that covers aspects such as algorithmic trading, risk mitigation and regulation.

Caasi
The Startup
5 min readNov 27, 2018

--

The Huobi Group provides financial services to over one million users globally and have recently realized over 1.2 trillion dollars in their cumulative returns. Deservedly described as the financial hub of digital resources, Huobi Group offers to its users ultimately secure and reliable digital asset trading and management services. Huobi Pro and Huobi NEXT are the two exchanges that Huobi uses to offer its services.

What’s more, Huobi being a leader in the global digital asset trade has put up several distinct region targeted exchanges and platforms that offer fiat to crypto trading such as Huobi Korea, Huobi Australia and the US based digital asset exchange HBUS. Just the other day, Huobi MENA was launched by the Huobi Group in Dubai, a move that is directly in line with Huobi Global’s intention to be the global leader in the cryptocurrency space. Huobi MENA is set up to serve more than 20 countries and intends to help the residents of the Middle East and Nothern Africa by banking the underbanked and unbanked population.

In recent times, Huobi Global has made some significant accelerated global expansion steps. Some of the notable achievements include constructing their own customized blockchain named the Huobi Chain, introducing the Huobi Token for its exchanges and coming up with their own Decentralized Autonomous Organization (DAO).

The first ever APAC Prestige Investor Summit

On the Monday of 12th November 2018, Huobi Global hosted their introductory seminar dubbed APAC Prestige Investors Summit, an event that served as an inauguration of the Huobi Global’s brand new offices based in Asia Square. The office is centrally placed in the Marina Bay district of Singapore conveniently improving its access to the city’s financial and business hotspot and will serve the Asia Pacific region as Huobi Global’s headquarters for quantitative, API and institutional cryptocurrency trading. The members to the first summit got a proper exhibition of the new company’s headquarters.

The Panel at the first ever APAC Prestige Investor Summit

Several Industry experts graced the event to give their accounts and share unique market revelations attracting over a hundred top-level quantitative traders. Among the experts included;

  • Justin Chow, the Head of Business Development of Cumberland’
  • John Lin, CEO and Founder of Tilde
  • Damien Loh, Chief Investment Officer of Ensemble Capital

The discussions revolved around quantitative trading, APIs and institutional users.

“The cryptocurrency market is a fast-maturing one and, as this occurs, more and more institutional investors will be seeking to participate in it,” said Edward Chen, Huobi’s APAC Managing Director.

“Opening Huobi up to more elite investors in the region aligns closely with our global strategy,” he added. The role of artificial intelligence and the use of quantitative trading in cryptocurrency trading, and the tail risk within cryptocurrency markets were the headline topics of discussion throughout the event. In addition, there was a panel engagement on the overall forecast outlook of the cryptocurrency market in 2019. Other discussions touched on market regulation, ICO and TGE hype and alternative investment strategies for cryptocurrencies.

Introduction of Huobi Prestige Investors club

Huobi Global utilized the event to establish its Prestige Investors Club, a special organization for quantitative, institutional and other elite level leaders by invitations only. Devoted account managers, facet engineering support for API trading and monthly call-ups for panel discussions anchored on to distinctive crypto matters. More information on this can be found by sending enquiry mail to this address.

The summit ended in a celebratory mood that saw an awards ceremony to recognize and appreciate some of the brightest minds in cryptocurrency trading.

Take Away

The cryptocurrency trade market has in the recent past faced a lot of challenges such as scam ICO’s, unregulated investment risks and a skewed volatility. This has not stopped visionary organizations such as Huobi Global from consistently working on and launching new products and platforms to the market with a strong belief in the potential of blockchain technology and cryptocurrencies to positively impact how we live and work. The growth and expansion of Huobi Global is a strong indicator of a well performing cryptocurrency market and as a result, we see institutions picking up a good momentum in the implementation of blockchain projects and adaptation of blockchain technology.

The crypto market is not far from its full maturity thanks to information access and the open nature of the industry. A lot of effort has been placed on user education and currently governments are setting up cryptocurrency regulation agencies with legislators suing non-compliant blockchain projects and squashing scam ICO’s. Edward Chen, Managing Director of Huobi APAC, hailed these landmark steps as proof that the crypto market is maturing. Since its establishment in 2013, one of the strong growth pillars of Huobi Global has been their focus on the customer and personally I am confident that Huobi will spur more ecological growth within the crypto space by providing the infrastructure to onboard institutional investors into blockchain tech and cryptocurrencies.

Despite a bumpy start to the blockchain revolution, it is becoming evident that blockchain will play an important role in the future world economy through trust less transactions; a future in which any real-world asset can be tokenized and value can be exchanged over the internet with the same ease with which we currently share information.

You can be part of the revolution by registering on Huobi Global here where you can start trading digital assets and partake in a visionary future economic model that is worth looking forward to.

Disclaimer: This article is not intended as investment advice. It is for informational purposes. You should always do your own research.

#Huobi #Global #Launches First Ever APAC #Prestige #Investor #Summit
#Huobi #Prestige #Investors #Club
#Edward #Chen, #Huobi’s APAC #Managing #Director
#Huobi #Global #Significant #Strategy for #Institutional #Investors

This story is published in The Startup, Medium’s largest entrepreneurship publication followed by +405,714 people.

Subscribe to receive our top stories here.

--

--

Caasi
The Startup

Blockchain | Artificial intelligence | Machine learning | Internet of things | Hackernoon | The Startup | Data driven Investor | Good Audience