Huobi Global looks to become key player in Polkadot ecosystem

Cointelegraph

Published Dec 05, 2020 01:14PM ET

Updated Dec 06, 2020 03:20PM ET

Two announcements from Huobi Global on Friday indicate that the cryptocurrency exchange is angling to become a key player in the growth of the Polkadot network.

In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to support “developers, event organizers, content creators, and ambassadors” throughout the Polkadot ecosystem.

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