Bitcoin exchange Huobi will open US office

posted 22 days ago
China-based Huobi, previously one of the country's largest cryptocurrency exchanges, plans to launch an office in San Francisco.

Chief Strategy Officer Cai Kailong said "Huobi is looking to grow internationally... the U.S. will be our focus right now."

Huobi is building new headquarters in the Silicon Valley area, characterizing the push as a fast-paced one, according to a spokesperson for the company.

Last month, Huobi announced it was partnering with the investment company SBI Group to launch a pair of cryptocurrency exchanges in Japan in order to offer yen-based services.

SBI Virtual Currencies and Huobi Japan have not announced any firm timelines for their respective launches.
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