Huobi BTC (HBTC) Ethereum

Huobi BTC (HBTC) was launched by Huobi Global in February 2020 with the goal of bringing BTC liquidity to Ethereum-based decentralized apps (dApps). HBTC is an ERC-20 token deployed on the Ethereum blockchain and pegged to BTC on a 1:1 ratio. As a result, Huobi BTC has a value equivalent to BTC, with the utility gained through the Ethereum DeFi ecosystem.
Huobi Global is a cryptocurrency exchange that was founded in China in 2013 and is now based in Seychelles. It offers a wide range of cryptocurrencies and trading pairs to its users. Huobi Token (HT) is the native cryptocurrency of the Huobi exchange. In addition to being a crypto exchange, Huobi has launched a $100 million venture fund.