Huobi to join BitTorrent Chain's L2 Ecosystem

Singapore

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In November 2022, Huobi completed its brand upgrade and its development strategy. The strategy sees the use of crypto for a wide range of users and attracts more people to understand and to adopt crypto by incorporating them into a new network of digital assets. This ensures that the value created by each individual flows freely. Huobi always values the voice of its user community and creates the conditions for users to participate in the early stages of quality projects. The addition of the BTTC L2 ecosystem will certainly create a synergy to push things forward.

Huobi, a virtual asset trading platform, announced to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a layer 2 network based on BTTC. The goal is to promote an on-chain open financial system.

BTTC, the L2 solution for Ethereum, TRON and BNB Chain, was launched in December 2021 with ZK (Zero Proof of Knowledge) technology to be introduced later this year. This enables users to build decentralized applications anywhere and provides a secure, low-cost and fast development environment for DApps, thus creating an on-chain open ecosystem.

BTTC's core competency is a heterogeneous cross-chain solution that enables seamless asset exchange through digital asset connectivity of mainstream public chains such as Ethereum, TRON and BNB Chain, making it constitute a super network linking all blockchain networks.

The addition of Huobi to the BTTC ecosystem will further promote the decentralized ecology of the chain and enhance the exchange's ecosystem. Huobi has over 50 million users in all regions of the world, with over $100 trillion in cumulative assets traded. The exchange will enable developers to serve the massive number of authenticated users and link huge amounts of digital assets. According to a report released by Huobi Research Institute at the end of 2022, global crypto users have reached 320 million and Huobi will potentially provide virtual asset trading services to hundreds of millions or even billions of users worldwide through BTTC L2.

A Huobi Advisor H.E. Justin Sunsaid, "Joining the BTTC ecology is not only a recognition of the industry's focus on L2 development, but also because BTTC is a pioneer in this field and has a more complete ecological construction".

By supporting the L2 network development of mainstream public chains including Ethereum and TRON, Huobi provides an open, secure and diverse development environment for the public chain developer ecosystem. Users of the Huobi trading platform also have the first access to the best quality projects and assets.

About Huobi

Founded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation and other businesses.Huobi serves millions of users across international markets. Please refer to Huobi's official website for more information: www.huobi.com.

Contact Details

Huobi PR team

+86 139 2280 3249

glo-media@huobi.com

Company Website

https://www.huobi.com/

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