Huovi joins Russia fund

After the cryptographic exchange, Obi joined the Innovation Fund of VEB (Vnesheconombank), a Russian state-run bank, to share cryptographic regulatory information.

The VEB Innovation Fund began in 2011 with the aim of investing in Russian start-ups and spreading innovation in local start-ups around the world. Fuobio’s Digital Transformation Center was established by VEB to promote block chain and cryptographic technology.

VEB says it is one of the objectives of partnering with the world’s 4th largest cryptographic exchange, because Huovi has experience in cryptographic regulation and can refer to it when making legal adjustments to digital assets. It is said that Huobi’s expertise will help build a legal foundation. Of course, VEB has also partnered with Cobalt in partnership with Hui Obi, the Etherium Foundation and the Russian block-chain platform Waves. For more information, please click here .