Huobi Korea to Sever Corporate Ties with Parent Company and Operate Independently

According to local media reports in Korea, Huobi Korea will sever its corporate ties with its parent company and operate independently.

The report said that Huobi Korea will negotiate the ownership of equity. More than half of the existing Huobi Korea was owned by Leon Lin, the founder of Huobi Global. The next major shareholders include Chairman Jo Guk-Bong and Korea Land Trust.