Huobi and Poloniex Enter into a Strategic Partnership

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Cryptocurrency exchanges Huobi and Poloniex have just announced they have entered into a strategic partnership.

According to a press release shared by both companies, the decision was made by Huobi’s advisory board in order to strengthen the site’s globalization strategy.

Per the document:

“The two exchanges will consistently cooperate on many business aspects, including the development of the HT ecosystem, project interaction, liquidity distribution and global compliance, in an effort to create the world’s best trading platform and win the trust of users.”

From December, the advisory board of Huobi will begin to evaluate all projects on Poloniex on a monthly basis. The best of them will receive a listing on Huobi, full support from the exchange as well as access to its users.

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