The announcement was made this morning, Huobi Group wants to expand its trading services to Japan by acquiring BitTrade a local cryptocurrency exchange that already has a Japanese license. This license allows to operate in the Japanese territory.
Huobi's acquisition of the house of exchange comes after the purchase of more than 60% of a public company in Hong Kong for more than 70 million dollars, and this could be the basis for a listing of its platform. cryptocurrencies in the stock market.