Singapore – After a three-year absence, Huobi confirmed its co-founder Du Jun return to the company. Du Jun founded Huobi with Leon Li last 2013 but eventually left in 22017. According to reports, the co-founder left the company to focus more on the industry media with the Investment Institution Node Capital and Golden Finance, the top two most successful companies.
Currently, the leading cryptocurrency exchange has over $877 billion in trading volume during the first quarter of 2020. After De Jun’s return to the blockchain industry, he noted that the Distributed Ledger Technology or DLT has now been extensively recognized and developed throughout China, Hong Kong, Singapore, and the global community.
Du Jun also revealed that Huobi may now be considered one of the most prominent pioneers in the crypto and DLT space. The co-founder remarked that he hoped to return to the collective and meet like-minded friends to operate an enhanced virtual currency platform.
Jun further noted that Huobi has been rewarded by Hong Kong Asset Management and allowed them to offer financial advisory services and asset management of securities.
Last August 2020, Huobi obtained the Hong Kong Trust and Companies’ license. At the time of writing, Huobi is applying for the Hong Kong Virtual Exchange Compliance License and Singapore PSA License.
Continuously, Huobi pushes forward the global compliance process, one of the essential measures that crypto firms must do to cope with uncertainties and manage risks. Jun repeatedly stressed in public that Huobi puts user safety first and considers it as the paramount importance. Many exchange platforms in the crypto industry have indeed encountered tons of security problems. Fortunately, Huobi has never experienced those problems since its establishment seven years ago, which shows its serious investment in security and effectiveness of privacy control measures.