Cryptocurrency Exchange Huobi Integrates BitTorrent Chain
Cryptocurrency exchange Huobi will join the BitTorrent Chain (BTTC) ecosystem to promote the creation and improvement of an open financial system.
The BTTC solution was launched in December 2021 as a layer 2 protocol for interoperability between Ethereum, TRON, and BNB Chain networks, and plans to integrate zero resolution proof (ZK) technology this year.
Huobi’s accession to the BTTC ecosystem should help further expand the network’s community, as the crypto exchange has more than 50 million users worldwide.
This move comes after Huobi’s November 2022 rebranding and introduction of an updated strategy, which aims to serve a wider range of users, allowing for the free flow of value creation.
Last November, Tron founder Justin Sun had suggested the potential merger of Poloniex and Huobi, which was later refuted by the latter. However, the companies have since established a strategic partnership.