The MPC self-hosting platform of Xinhuo Technology Holdings Limited (1611.HK) announced that it has officially reached an Openloop clearing and settlement network cooperation with Huobi, an encrypted asset trading platform. Huo will use Xinhuo Technology's mature MPC self-hosting technology to achieve safer and more stable fund custody. Through this clearing and settlement network cooperation, the two parties will effectively help users realize the separation of fund security custody and transaction behavior, so that users' own funds can complete transactions without leaving the self-custody account, which greatly improves the security of user assets.