Huobi Korea changed its name to High Block and will operate as an independent Korean company

BlockBeats News: On March 14th, Huobi Korea announced that it would change its name to "High Block" and become an independent Korean company. Houbi Blockchain is the major shareholder of the new company, and Korea Real Estate Trust is the other major shareholder. In December, Huobi founder Li Lin sold his entire stake in Huobi Global, and then Huobi Technologies sold its stake in Huobi Korea. As BlockBeats previously reported, on January 9, the Korean branch of crypto trading platform Huobi will cut ties with Huobi Global and start its own business. In the process, it will negotiate equity ownership, the report said.