World's Fourth Largest Crypto Exchange

Huobi, the world’s fourth largest crypto exchange by daily trade volumes, has appointed a CEO for its newly created “strategic partner” trading platform in theFrank Fu has been chosen as Chief Executive Officer (CEO) for Huobi’s new U.S.-based digital assets marketplace, which was established via a San Francisco-headquartered company called HBUS earlier this month. U.S., according to a prAccording to data from CoinMarketCap, Huobi is currently seeing about $852 million in trades over the 24-hour period. It is now ranked fourth largest crypto exchange globally, ceding its formerly held third place to CoinBene.ess release shared with Cointelegraph June 25.