Huobi is launching digital asset brokerage for institutional investors

Huobi Group will open its first digital asset brokerage platform to provide trading products and services to institutional customers and high net worth customers. Huobi Brokerage is also the first product launched by the company's Global Institutional Business (GIB) division. The new division was established in November 2019 as part of Huobi's efforts to better serve institutional investors in global markets. The statement stated that the platform will enable institutional investors to use crypto services such as liquidity pools, regulated fiat currency channels and over-the-counter trading (OTC) through its smart order routing system and trading algorithms.