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Huobi International welcomes Vincent Lau as new managing director


Vincent Lau, previously of Bitfinex and OKEx, has joined Huobi International as its new managing director.

Huobi International, one of many largest cryptocurrency exchanges by commerce quantity, has introduced the appointment of blockchain trade veteran, Vincent Lau, as the corporate’s new managing director.

Lau beforehand labored as an govt at main crypto exchanges Bitfinex and OKEx, and has labored for international companies exterior of the blockchain sector together with e-commerce market Groupon and advertising agency Iclick Interactive.

With Huobi International, Lau will likely be tasked with overseeing the agency’s worldwide growth, strategic growth, and localized operations. Huobi hopes to broaden in key markets throughout Southeast Asia, the Center East, Africa, and the European Union, in keeping with an announcement.

The brand new managing director can even oversee Huobi’s push into DeFi and can head up abroad growth for the agency’s sensible contract platform, Huobi ECO Chain, in addition to working to advertise the adoption of its H-tokens.

Huobi’s H-tokens are belongings issued on Ethereum which are “backed by cryptocurrencies from different blockchains,” with Huobi stating the tokens serve “as a bridge between the centralized market and the DeFi market.”

Yesterday, Cointelegrpah reported {that a} subsidiary of the alternate, Huobi Know-how Holdings, had been authorized by the Hong Kong Securities and Futures Fee to launch a crypto asset administration portfolio. Huobi Asset Administration is now trying to launch three funds, pending additional regulatory approval.