Huobi Group has officially announced it would launch the EOS (EOS) ecosystem-focused in Q1, 2019.
At the start, the exchange will support 40+ tokens.
At press time, Huobi is the third-largest crypto exchange by adjusted volume, according to CoinMarketCap.
Huobi Pool’s CEO, Cao Fei, says the launch of the EOS-focused exchange "is simply the next logical step in our support." The announcement states the exchange will allow trading EOS against a number of other cryptos.
Previously, the Huobi’s derivative market started supporting the EOS (EOS/USD) altcoin. The initiative emerges as part of Huobi’s "ongoing efforts to address customer demand."
The launch comes right after the announcement of the coming layoffs in order to "optimize recruitment" at Huobi. According to South China Morning Post, approximately 1,000 people work for Huobi today.
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