Huobi Trust's Assets under Custody Climbs to Nearly USD 4 Billion

2022-01-26

【Jan 26, 2022, HONG KONG】Huobi Technology Holdings Limited ("Huobi Tech", stock code: 1611.HK) is pleased to announce Huobi Trust, a wholly-owned subsidiary of Huobi Tech, has approached USD 4 billion in asset custody in the fourth quarter of 2021. 

Since the launch of its business in 2021, the asset custody scale of Huobi Trust has been climbing. Not only does it reflect the huge market demand for safe and reliable independent custodial services, but also the high recognition of Huobi Trust by general investors. At present, Huobi Trust provides diversified custodial services for nearly 20 institutional clients, including minters, investment institutions, quantitative funds, market makers and other types of clients in the industry.

Huobi Trust, subsidiary of Huobi Technology, has a Trust or Company Service Provider Licence (TCSP) in Hong Kong and a US Nevada Retail Trust Company License. It provides compliant virtual assets custody services to clients who require secure custody of assets or with risk isolation needs.

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