Founded in 2013 by Leon Li, Huobi Global grew to become one of the world's leading cryptocurrency exchanges, originally based in China. Following the Chinese government's crackdown on crypto trading, the company shifted its focus to international markets. In September 2023, the platform was rebranded to HTX, which stands for H (Huobi), T (TRON, signifying its strategic partnership), and X (the exchange). The company's mission is to provide safe, professional, and reliable digital asset services to users worldwide, offering spot trading, derivatives, staking, and other crypto-related financial products.