Crypto exchange Huobi and Harmony, a scalable blockchain platform partners to list Harmony’s native token while working together with a focus on the Asian markets.
Harmony will be the first Binance IEO project to be launching on the Huobi exchange.
Harmony’s Expansion in the Asian Market
Harmony recently partnered with Samsung wallet supported health app Lympo. The health database app has a userbase of 300,000 user base in the U.S. and Korea (growing 250% month over month).
Harmony is also working closely to expand into China to acquire development resources and business partners. It raised a $5.5M in the node round with the key partners including Binance Labs and HashKey.
Harmony is trying to build a Korean entity by working with Big Bang Angels, a top angel fund in Korea who’s portfolio value exceeds $300 million USD.
Harmony’s Head of Marketing, Garlam Won, who recently moved to Korea to help with Asia expansion states:
“Asia is home to some of the fastest-growing economies in the world today. With its melting pot of diverse cultures, it’s a complex territory but an incredibly exciting one. In order to be successful in the Asian markets, it’s important to understand not only consumer trends but also engage with local ecosystems and tech communities At Harmony, we are focused on establishing a foundation to grow an active ecosystem, especially in 4 core markets around Asia – China, South Korea, Vietnam, and Indonesia. According to a Global Markets Insights (GMI) report, the total size of the Asia-Pacific blockchain market could reach $16bn by 2024, which represents an 87% CAGR during the forecast period.”
Source: Coinspeaker.com | Image: Harmony