West meets East to spur global cooperation in the blockchain industry

Leon Li, Huobi Group CEO, and Robin Zhu, Huobi Group COO met Gemini co-founders, the Winklevoss twins, Tyler and Cameron! Yes, you read that right, Tyler and Cameron met Huobi's highest officials in Beijing on 7th November, 2018 to discuss the various happenings in the crypto space from Eastern and Western perspectives. Their discussion included stablecoins, building a flatter global economy and bridging the gap that exists between the crypto communities in the East and West.

Huobi CEO Leon Li and COO Robin Zhu Meet Cameron and Tyler Winklevoss to Discuss Global Synergy.

The Winklevoss brothers are well known in the United States due to their feats in the 2008 Beijing Olympics and for their co-founding of HarvardConnection. In recent times, the Winklevoss brothers have gained public recognition for their blockchain and cryptocurrency evangelism through their persistent push for regulatory approval of Bitcoin ETFs. Such feats make them an exciting pair that will boost the confidence in industry players while trying to bridge the gap that exists between the crypto community in the East and the West.

Building bridges

It is noteworthy that the Winklevoss twins visited Beijing to discuss with Huobi's top brass on stablecoins barely three months after they released their own stable coin, the Gemini dollar, as recorded in the cointelegraph. The two brands have a lot in common that could spur greater cooperation between the Eastern and Western markets. According to Leon Li, 'Huobi wants to build a bridge between US and China in the crypto space.' Being that Gemini and Huobi share a similar vision of realizing inclusive financial services, it can be hoped that the meeting between these two crypto giants results in the creation of a common space where the Eastern and Western Crypto communities can interact and trade freely.

Leon Li also added, 'There are a lot of good digital assets and products around the world, especially in America, and we want to bring them to China. We also plan to bring more awareness about Huobi's digital and financial services in China to the world.'

The result of this would be more open trading and confidence by various world bodies in cryptocurrency and digital asset trading. In as much as Huobi wants to bring various products and services from the rest of the world, there are certain products and services in Huobi that would sit well with the American and global market.

• Huobi Cloud would really be met with a lot of fanfare in the American market. Since users are able to build digital asset exchanges on top of Huobi's platform, trading between the East and the West can be far much easier through Huobi Cloud.

• Any stablecoin listed in the HUSD standard , gains exposure to millions of users of Huobi Cloud thus encouraging trading of those particular digital assets.

Huobi Cloud continues to contribute to the growth of crypto assets globally. According to Bitsonline, it features solutions which are integral in Huobi's ecosystem, operations, its exchange and also in Huobi OTC. These solutions can be replicated in the American and global market with either Huobi group or its partners in the West. This would eventually encourage more users to join Huobi Cloud or a similar service provided by another party as a result of the building bridges initiative.

West to East

Cameron and Tyler were also keen to discuss the growth plans Huobi had in the global market and especially in key Eastern markets. Such discussions are likely to expose the Gemini co-founders to ideas that could help them also grow their exchange both locally and internationally. There is also the possibility that the discussion could help initiate a partnership between the two crypto service providers which would see both parties gain from the partnership.
The bridging the gap meeting between Huobi and Gemini officials

TAKE AWAY

Huobi meeting Gemini to discuss global synergy marks a solid step in bridging the gap between the crypto communities in the east and west. The Winklevoss brothers are already well known in to the global blockchain community owing to their unwavering efforts to help cryptocurrencies go mainstream. Gemini can gain a lot of insight from Huobi about the eastern market and implement similar systems that would help them grow in their home country and globally. Huobi may have the chance to get various approvals in the U.S market by partnering with a U.S company such as Gemini. These are the bridges that stand to be built if more of these talks are held and conclusive outcomes are agreed upon. The future of the crypto community is in good hands!

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Disclaimer: This article is not intended as investment advice. It is for informational purposes. You should always do your own research.