The new business unit, Huobi Blockchain Assets Center, will be responsible for all Huobi Global’s asset management tasks, including token listings and delistings, investment incubation, asset research and assessment, project services, new ventures, and operations.
United Kingdom, June 12, 2021 /AlexaBlockchain/ – Huobi Group has launched a new business unit, Huobi Blockchain Assets Center, dedicated to managing asset listings and providing projects with a more streamlined listing process.
Huobi Blockchain Assets Center
Huobi said that the new business unit, Huobi Blockchain Assets Center, along with departments working in conjunction with the center, will be responsible for all Huobi Global’s asset management tasks, including token listings and delistings, investment incubation, asset research and assessment, project services, new ventures, and operations.
Why does it matter?
One of the biggest obstacles blockchain and crypto projects face when listing their token on digital asset exchanges is a convoluted listings process. Many exchanges—even the biggest ones in the industry—don’t have standardized listing procedures, as there are several factors to consider based on the different types of projects, decentralized technologies, and token economics available. Most projects are still vetted independently, which can take weeks or even months to complete.
How Huobi Blockchain Assets Center Will Help in Digital Asset Listing Process?
With the Blockchain Assets Center, Huobi is providing projects with a standardized and streamlined way to list their assets on Huobi Global. The new business unit aims to select high-quality digital assets for Huobi Global users and provide full lifecycle services and management for assets listed or set to be listed on Huobi Global—helping lead the industry toward greater compliance and standardization. The process also strengthens Houbi’s security protocols and reduces the risk of insider trading or front running.