On April 25, 2015 in Beijing, Tsinghua University Wudaokou School of Finance and Huobi held an official signing ceremony. Their joint creation: the Digital Assets Research Initiative (DARI). Wudaokou School of Finance Dean Liao Li, Vice President and Deputy Party Secretary Zhao Cen, and Huobi CEO Li Lin attended the ceremony. Li Lin and Liao Li each gave a speech. Vice President Zhao Cen signed an agreement formalizing the university’s long-term cooperation with Huobi. Tsinghua is a prestigious Chinese technical institute, often referred to as the “Massachusetts Institute of Technology (MIT) of the East.”
The work of the Digital Assets Research Initiative will be jointly conducted by finance and technology experts from Wudaokou School of Finance and Huobi. It will be hosted at Wudaokou’s Internet Finance Research Lab and financial support will be provided by Huobi, the official sponsor of the project. The focus will be on understanding how digital innovation is transforming finance and economics. The focus will be individuals, businesses, governments, and the international system; predicting the future direction and impact of these trends; and promoting a healthy and prosperous development path.
Tsinghua University Wudaokou School of Finance is a high-level academic institution for finance in China. Company officials and professors believe the institution will play a pivotal role in steering the development of financial trends in the country. Huobi is one of three of China’s leading Bitcoin exchanges – OKCoin and BTC China being the other two. The company has received backing from Silicon Valley investment firm Sequoia Capital. Huobi claims to provide the most secure and transparent digital currency services to individual and institutional clients in the Chinese market. They are “deeply committed to promoting the healthy growth and development of Bitcoin in China and around the world.” The Digital Asset Research Initiative of Wudaokou and Huobi will provide quality information and insight to finance and technology industry professionals, investors, entrepreneurs, regulators, and the general public.
Recently, I interviewed Robert Kuhne of Huobi to talk about Bitcoin, Huobi, and the current state of Bitcoin in China. That interview can be found here.
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