Huobi Global is participating as a main sponsor at Blockchain Week in Busan 2022

by Arthur · October 27, 2022

Member of the Global Advisory Board, HE Justin Sun, takes a positive view of the blockchain industry in the opening speech

Busan, South Korea

–News live–

Huobi Global, one of the world’s leading exchanges for virtual assets, will participate as a main sponsor at Blockchain Week in Busan 2022 (BWB 2022), which takes place from 27 to 29 October. This is the first major event Huobi has sponsored and participated in on its site acquisition of About Capital less than three weeks earlier, reflecting their ambition to make their presence visible as a market leader at such industry gatherings.

Hosted by Busan Metropolitan City, BWB 2022 is themed “Blockchain, City and Life” and aims to drive the growth of Korea’s blockchain industry, as well as share insights and information. Aside from Huobi Global, the event’s main sponsors include other major industry players such as Binance and FTX. Their respective CEOs, Changpeng Zhao and Sam Bankman-Fried, are also attending the event along with other representatives from the blockchain industry and the Busan Metropolitan City Government.

His Excellency Justin Sun, a member of Huobi Global’s Global Advisory Board, said in his opening speech that blockchain technology still has great potential despite the current crypto bear market, noting that the industry is destined for a brighter future.

HE Sun, who is the founder of Tron and Ambassador Extraordinary and Plenipotentiary, Grenada’s Permanent Representative to the WTO, also hailed South Korea’s appeal as a hub for virtual assets. “South Korea is one of the world’s most crypto-active countries, and we want to welcome more developers and innovative projects here,” he said.

In September, Huobi signed a Memorandum of Understanding with the Busan Metropolitan City Government to develop its blockchain industry. The partnership covers R&D, technology and financial support for the Busan Digital Currency Exchange, as well as the recruitment of global blockchain talent for the Busan local exchange.

Huobi has operated in South Korea through a local office since 2019, where it is regulated under a license issued by the Korean Financial Services Commission last year. This makes Huobi the first digital asset exchange with a physical presence in Korea to collaborate with the Busan Metropolitan City Government in blockchain development.

Huobi invites potential partners to get in touch with it at its stand. Interested co-investors can also contact [email protected], and project parties interested in listing their tokens can contact [email protected] for more information.

About Huobi Global

Founded in 2013, Huobi Global is one of the largest virtual asset exchanges in the world. Huobi Global serves millions of users across international markets. Since its establishment, Huobi Global has been committed to providing first-class virtual asset investment services. Huobi Global’s robust infrastructure, product innovation and capital strength provide a truly customer-centric and secure trading environment to help our international users achieve their investment goals. Please refer to Huobi’s official website for more information: www.huobi.com