Huobi, the leading cryptocurrency exchange, has announced a strategic partnership with New Huo Tech, a self-custody platform under MPC technology.The collaboration aims to accelerate the development of digital asset security by providing users with a Web2.0 experience that allows them to fully control and recover their private keys, eliminating the risk of losing them.

The partnership involves an Openloop clearing and settlement network partnership, which allows users to separate asset custody and actual transactions. This will enable users to complete transactions without moving their assets from their custody accounts, significantly enhancing the security of their assets.

Through this cooperation, users will be able to separate asset custody and the actual transaction and allow users to complete transactions without the need to move their assets from their custody accounts. As such it greatly enhances the security of users' assets.The platform also ensures bottom-layer security, preventing risks such as hacker attacks, theft, and black address transfers. This collaboration will help users mitigate various risks and improve their security experience.