Huobi Technology Holdings Limited (“Huobi Tech”, Stock Code: 1611. HK) is pleased to announce that the accumulated volume of Brokerage OTC (over-the-counter) block trading has exceeded US$ 500 million so far this year. Over six months since the launch of the business, the Brokerage team has always adhered to the principles of professionalism and security, and continued to iterate and develop products to enhance the service experience of clients.

After over half a year of development, the Brokerage OTC business has provided an excellent user experience and gained popularity from institutional and high-net-worth clients. It currently supports block trading of multiple major cryptocurrencies, stablecoins and fiat currencies without charging traction fees. It provides online RFQ trading/offline real-time inquiry/API automated trading with professional account managers and real-time one-on-one service.

The team keeps a comprehensive customer due diligence process, adopts strict anti-money laundering standards, and reserves the right to refuse transactions by any high-risk entity or individual. These measures effectively prevent money laundering risks and ensure that clients’ assets are not exposed to unlawful transactions, thus providing clients with greater peace of mind when using the platform.

Ariel Liu, head of Huobi Tech Brokerage, said, “The rapid growth of Brokerage OTC business is attributable to the support of our clients, our great attention on the security of clients’ assets and transactions, as well as our high standard of user experience. In the future, we will continue adhering to these principles to provide more efficient client services.