As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region.
Demin believes that market opportunities in the country for both crypto and blockchain “are huge”. He hopes to help Huobi Global to expand the high demand for crypto products in Russia.
Huobi Russia’s trading volume reached almost 10% of Huobi Global’s total volume, taking into account that the exchange currently has a customer database with over 4,000 users.