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Jan 8, 2024 12:25
The Henbbo Foundation has entered into contracts with major crypto companies.
As previously reported, the beginning of the year is set to be highly active for our company, primarily driven by the market promotion of our HNBT token. This week, the coordination process concluded, and two crucial contracts were signed at our U.S. representation.
The first agreement was made with the investment fund Multicoin Capital, acquiring 3.8% of the Henbbo token emission over the next 2 months.
Multicoin Capital is a crypto investment fund established in 2017, gaining popularity amid the cryptocurrency growth wave, specializing in long-term investments in promising tokens.
The second contract was with the online crypto exchange Deepcoin, involving investments in HNBT token equal to 4.5% of the emission during the first quarter of this year.
Deepcoin is a centralized crypto exchange (CEX) based in Singapore, offering spot trading, derivatives, asset management, DeFi investments, and other comprehensive financial services.
These contracts mark a significant step for Henbbo, expanding its investment portfolio and accelerating HNBT infrastructure development. Additionally, the support from a major exchange will help Henbbo expand its market presence, leveraging their expertise in identifying new investment opportunities.
Following the news of agreements with Multicoin Capital and Deepcoin, the HNBT token's value surged to approximately $2.7. Soon, our platform will introduce the exchange of HNBT to USDT, enabling direct fund withdrawal and solidifying the coin's exchange rate.
Several similar contracts are in the final stages of development, expected to be signed in the coming days. The conclusion of these contracts will also significantly impact Henbbo's activities and contribute to the overall development of the crypto market.
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