Huobi Institution Launches Digital Asset Management Platform & Custody Services for Institutions

Huobi Institution announced on Friday the launch of a digital asset management platform and custody services for institutions. According to Huobi, the platform matches qualified institutional investors and high-net-worth individuals with fully-vetted quantitative trading teams in a secure and reliable environment managed by Huobi.

“Huobi’s new custody services will ensure safe deposits of assets and provide asset settlement and delivery for all transactions and engagements on the platform. The launch of Huobi’s asset management solution underscores a continued shift in the digital asset market as more institutions and traditional asset managers turn to cryptocurrencies to create arbitrage and hedge macroeconomic risk.”

Huobi revealed that with the new offering, it aims to help institutions access high-quality quantitative investment channels, which are managed by cryptoassets managers and quantitative trading teams and backed by Huobi’s security and risk controls.

“In addition to an expansive network of rigorously vetted cryptoassets managers, Huobi’s asset management platform offers a comprehensive product ecosystem, including custody services, asset storage via Huobi Wallet, and customized cryptoassets products with a fully-managed service, including data analytics and third-party performance disclosures and ratings.”

At launch, trading platforms supported include Huobi, Okex, and Binance. Trading products supported include Spot, Cross Margin, Isolated Margin, Futures, and Perpetual Swap, but leverage for Futures and Swaps will be limited to 20x or lower. Assets supported include USDT, BTC, ETH, EOS, BCH, LTC, TRX, ETC, XRP, ADA, DASH, ATOM, BSV, XLM, and ZEC.

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