Huobi.com, a Chinese professional virtual currency trading platform, acquired the Bitcoin wallet provider Quick Wallet.
Huobi.com also announced that Zhang Jian, chief executive officer of Quick Wallet, will be appointed as technology vice president of Huobi.com, leading the development and management of new businesses. No financial details about the acquisition was released.
Launched on July 15, 2014, Quick Wallet is a bitcoin wallet product under Qukuai.com. It is reportedly the first Chinese bitcoin wallet to use the multi-signature technology and it gained over 1,000 registered users within the first two weeks of operation.
After the acquisition, Quick Wallet will remain independent in its development and it will continue to expand business cooperation with other platforms in the industry.
Li Lin, chief executive officer of...
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