Huobi Said to Be Launching Bitcoin, Ether Funds – CoinDesk
The new license allows Huobi to advise on and manage securities investments. Cryptocurrency exchange operator Huobi has been granted a license from Hong Kong’s Securities and Futures Commission. British Virgin Islands-incorporated Huobi Technology Holdings announced Thursday that its wholly-owned subsidiary, Huobi Asset Management, had received approval to manage portfolios investing in virtual assets.