Huobi cryptocurrency exchange will join the BitTorrent Chain (BTTC) ecosystem to promote the creation and improvement of an open financial system.
#Huobi is excited to announce that it will join the #BTTC (BitTorrent Chain) ecosystem & support the development of a layer 2 network based on BTTC to promote the creation and improvement of an on-chain open financial system.
Details:https://t.co/NwoDgqyYup pic.twitter.com/gYXKaQUe7O
— Huobi (@HuobiGlobal) February 28, 2023
In December 2021, the BTTC solution was launched as a layer 2 protocol for interoperability between Ethereum, TRON, and BNB Chain networks. This year, the team plans to integrate zero resolution proof (ZK) technology.
According to the statement, Huobi’s accession to the BTTC ecosystem should help further expand the network’s community. The crypto exchange has more than 50 million users worldwide.
In November 2022, Huobi rebranded and introduced an updated strategy.
“It aims to serve a wider range of users, which means getting more people to understand and accept cryptocurrencies and include them in the new network of virtual assets, thereby ensuring the free flow of value creation,” the company said.
Recall that in November 2022, Tron founder Justin Sun did not rule out the merger of Poloniex and Huobi. The latter hastened to refute this statement.
Nevertheless, the companies have established a strategic partnership.
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