Huobi Group, a leading digital asset exchange service, has partnered with five different companies to launch crypto exchanges in Indonesia, Taiwan, Canada, Philippines, and Russia. Huobi's new business arm, Huobi Cloud, will be used by the company's new partners to build and deploy the digital asset exchanges. Despite the declining prices of cryptocurrencies, major exchange companies such as Huobi, Binance, and Coinbase have been quite aggressive in their expansion efforts.
