Huobi Ventures, the global investment arm of Huobi Group, today announced a strategic partnership with Bit2Me
Huobi Ventures will acquire tens of millions of B2M tokens as part of this strategic agreement, allowing the firm to fund its future expansion goals. The two companies will look at long-term partnership prospects, using Huobi’s cutting-edge technology and resources while also expanding their presence into Spanish-speaking countries throughout the world.
The two companies will look at long-term partnership prospects, using Huobi’s cutting-edge technology and resources while also expanding their presence into Spanish-speaking countries throughout the world. Huobi Ventures’ investment follows Bit2Me’s 20-million-euro initial coin offering (ICO) in September and underscores Huobi’s focus in Spanish-speaking markets worldwide, which number over 500 million people.
“Bit2Me has a bright future. The company shares our vision of increasing global crypto adoption, and we firmly believe that it will become a leader in crypto products and services in the Spanish-speaking world,” said Unica Yin, Director of Strategic Investments at Huobi Ventures. “We plan to partner with Bit2Me on investments, management, and technology, and hope to discover more mutually beneficial opportunities going forward.”
Huobi has invested more than $70 million in hundreds of businesses in blockchain, media, public blockchains, stablecoins, and other new industries to date. Huobi invests in initiatives that have the potential to have a positive influence on the blockchain industry as a whole and can complement Huobi’s expanding global ecosystem.