- Gala Games says the partnership will help drive development across the Web3 games industry.
- Huobi will list Gala Games ecosystem coins and invest in top quality game projects.
- The Huobi token price was almost flat on Friday, trading at around $3.66.
Web3 game company Gala Games has formed a strategic partnership with cryptocurrency exchange Huobi Global to facilitate development and investment in top-notch game projects.
Huobi Lists Gala Games Tokens
With this partnership, Huobi Global will integrate Gala Game’s highly scalable Layer 1 blockchain and list Gala Games ecosystem tokens. The collaboration will also allow the two platforms to co-invest in major gaming projects and support other growth initiatives.
We will cooperate in investing and listing quality projects such as Layer1 integration, co-branding and community development. pic.twitter.com/LTqy8pXkF3
— Huobi (@HuobiGlobal) March 31, 2023
Jason Brink, President of Blockchain at Gala Games, said the partnership is an important step towards mass adoption of Gala’s Layer 1 blockchain.
“Integrating our Layer 1 blockchain into popular exchanges like Huobi is absolutely critical to the level of mass adoption we are seeking.This partnership enables tomorrow’s developers to create a more stable and secure web3 future‘” he said in a press release. It was published on friday.
Founded in 2013, Huobi is one of the largest digital asset platforms by daily trading volume.
According to CoinMarketCap data, as of March 31, 2023, Huobi is the 17th largest exchange by spot trading volume and the 10th largest exchange by derivatives trading volume. HT’s all-time high was $39.66, reached on May 12, 2021.