Huobi Alternate Pronounces Rebranding to HTX on tenth Anniversary
Cryptocurrency trade Huobi has introduced its rebranding as “HTX” on its tenth anniversary, a transfer that has sparked controversy and drawn comparisons to the now-defunct trade FTX.
Huobi Alternate Introduced A Rebranding Effort
Huobi modified the names of its social media accounts to replicate the rebranding earlier than the formal announcement. Its X (beforehand Twitter) account has been modified to HTX_Global, and the title of its official Telegram group has been modified to “HTXglobalofficial.” The trade’s web site area, nevertheless, nonetheless bears the unique Huobi title.
Notably, Huobi shouldn’t be the one startup to make use of a reputation construction just like FTX. In January 2023, the homeowners of the defunct cryptocurrency hedge agency Three Arrows Capital proposed a cryptocurrency trade dubbed “GTX,” which capitalized on the truth that “G” follows after “F.”
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