Huobi, the world’s third largest cryptocurrency exchange, has announced a partnership deal with DigitalX100, a Washington D.C.-based blockchain incubator to support start-ups worldwide. Huobi Labs, the incubator arm of Huobi, will partners with DigitalX100 to identify promising blockchain companies and collaborate to accelerate their development. The partnership comes a week after SBI Holdings, the investment arm of Japanese financial giant SBI Group, canceled plans to partner with Huobi to launch two cryptocurrency exchanges in Japan. Instead, the bank decided to build …

Huobi Lab Goes Global As Japanese Cryptocurrency Exchange Deal Dies appeared first on China Money Network.