Huobi, Poloniex introduced strategic partnership regardless of preliminary denials of a merger
Huobi and Poloniex introduced a strategic partnership on Nov. 30. Stories of a deliberate merger of the 2 cryptocurrency exchanges emerged and had been denied final week.
The 2 exchanges will “progressively cooperate” on Huobi’s HT coin ecosystem improvement, connectivity, liquidity sharing and international compliance. Starting in December, the Huobi Advisory Board will make a month-to-month analysis of all Poloniex initiatives, with prime performers doubtlessly immediately listed on Huobi, the alternate acknowledged.