Huobi International featured in mainstream Middle Eastern media
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Huobi International featured in mainstream Middle Eastern media
Gulf News, a major media outlet in the Middle East, reported that Hoo International, a cryptocurrency asset service platform, has established its global operations center in Dubai and became a media focal point at this year's Future Blockchain Summit in Dubai.
Navigating Web3 tides with focused insightsOn October 17, the "Future Blockchain Summit 2021" successfully opened at the Dubai World Trade Centre. Data shows that over 20,000 blockchain industry elites from around the globe attended the event. Hoo Global's Executive Chairman Hua Zan delivered a keynote speech titled "Blockchain Industry Innovation and Contemporary Finance" at the opening ceremony, emphasizing the importance of blockchain technology in transforming modern finance.
With a large number of exhibitors, companies from various industries beyond blockchain—including telecommunications, artificial intelligence, and big data—also participated in the summit. This made the event a focal point for global tech and financial media coverage. Some innovative companies even became subjects of extensive reporting by mainstream international media outlets.
During the event, Gulf News, a leading Middle Eastern media outlet, reported that Hoo, a cryptocurrency asset service platform, established its global operations center in Dubai, becoming one of the key highlights of the Future Blockchain Summit.
According to Gulf News, after three years of development, Hoo has evolved from a single platform into a comprehensive blockchain industrial group, with businesses covering ecosystem infrastructure, technological research and development, and industry research. It now serves over 2.4 million users across more than 120 countries and regions. Recently, Hoo set up an operations center in Dubai and plans to leverage its technical expertise, operational experience, and capital to support the growth of blockchain technology and applications in the region.
Rexy W, founder of Hoo Global, stated: "Dubai’s supportive policies, along with its open and inclusive culture, have attracted top blockchain talent from around the world. An increasing number of innovative companies are choosing to establish themselves here. Currently, Hoo Global is actively engaging with local authorities to further advance our compliance and globalization strategy."
In addition, following Hoo Global's global expansion, its ecosystem continues to improve. Public information indicates recent upgrades include Hoo VIP, which now offers base trading fees reduced to just 0.1%—the lowest across all major platforms—linking VIP tier benefits to the platform token HOO and expanding the HOO token ecosystem. Recently, Hoo added its native token HOO as collateral in its lending services, allowing users to borrow nearly 20 types of crypto assets such as PAX, DOT, and FIL by staking HOO.
Over the past week, HOO rose from $0.55 to a high of $0.81, representing a significant increase of 47%.
It is evident that as Hoo Global accelerates its global expansion and enhances the utility of its platform token HOO, the application scenarios for HOO will broaden considerably, drawing greater attention to the value potential of HOO.
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