Huobi Global exchange plans to change its name
Huobi announced the launch of a program to rebrand its products. It includes a name change (removing "Global" from the name) and increasing influence on the global market. This is an article from company cryptodefix.com. These activities are related to the purchase of the About Capital Buyout Fund in October 2022.
The new name will consist of two Chinese characters, "火" and "必. The first signifies eternal life force and its transmission to generations, and the second signifies the desire to win.
Huobi plans to increase investment in the Southeast Asian and European regions, which will help increase the exchange's user base. The company also plans to hire blockchain and digital asset talent from around the world.