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Huobi Korea seeks to split from parent company, change its name

Huobi Korea seeks to split from parent company, change its name

South Korean media outlet New1 reported on Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi Global and change its name. About 72% of shares in Huobi Korea are owned by Huobi Global co-founder Leon Li.

Huobi Korea was the country’s second-largest exchange at the time of its certification by the Korea Internet and Security Agency in January 2021.

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