Houbi Global declared its global advisory board on October 9 through Twitter, with Justin Sun, the founder of TRON, being part of the original five included. It is made up of industry heavyweights from both traditional and blockchain-based enterprises.
.@HuobiGlobal has announced its global advisory board composed of industry leaders across blockchain and traditional organizations. The initial list of Huobi Global advisors is as follows: Ted Chen, @DujunX , Wang Yang, @justinsuntron, @LeahWald.https://t.co/RudgABiC7F
— Huobi (@HuobiGlobal) October 9, 2022
For several years, the Houbi platform has been at the forefront of the cryptocurrency niche, and presently they are making plans for worldwide wealth. The board’s objectives are to advance global cryptocurrency funding and draw forth a plan for strategically expanding Huobi’s platform.
The inclusion of Justin Sun on the board will aid in achieving this objective. He has built a solid name by working with numerous important institutions and global financial networks, including the World Trade Organization (WTO). This, along with his massive community members and enthusiasts, will significantly alter the Houbi global platform.
The platform recently announced that a fund management company, About Capital Management, has purchased a sizable portion of its holdings. Since Justin Sun took to Twitter to appreciate and announce his appointment as a member of the board, there has been a noticeable increase in the value of Houbi Token.
Rumors suggest that the TRON founder may have been the main investor in the acquisition. There were reports that Justin Sun had competed for a share in the cryptocurrency exchange some months ago. However, he denied any interest in the exchange platform. Therefore, it was interesting to see his name amongst those who constituted the initial advisory board.
However, Houbi Global has guaranteed that the latest acquisition would not interfere with business as usual and that sufficient capital will instead be injected into the margin and risk provision funding included.
Nevertheless, to increase productivity gains, improve the Huobi Global brand, and boost the customer base, the board will continue to encourage the inclusion of new global leaders.