The blockchain consensus platform Harmony is becoming one of the first native tokens to have its initial exchange offering hosted on Huobi.
Harmony has decided to list its native token in order to attract new users of the platform. However, in order to make this a convenient token for exchange use, Harmony had to develop a bridge to transform its current tokens to the more widely used ERC-20 token format.
Huobi has officially listed the Harmony token under the name ONE, and for now, it can only be traded in a limited number of pairs. Currently, Huobi supports ONE pairs with Bitcoin, United States dollars, and the Huobi native token.
Listing the ONE token on a significant Asian exchange like Huobi is part of a detailed expansion strategy undertaken by the consensus platform.
Recently, Harmony adopted a Samsung health-monitoring app Lympo, which has more than 300,000 users globally. Most of these recently attracted users are based in Korea, which fulfills Harmony’s goal to attract more customers in Asia.
Aside from Lympo and the Huobi listing, Harmony is actively collaborating with a Korean angel fund and the Korean government support program K-Global. Not only that, but a large part of the Harmony marketing team has temporarily relocated to South Korea in order to supervise and help with the successful settlement of the company in Asia.
Hopefully, Harmony’s expansion will go as planned, and the blockchain consensus platform will successfully settle in Asia.