HTX at GM Vietnam: Stablecoins & Sun’s Spaceflight Milestone
HTX sponsored the Business Networking Zone at GM Vietnam 2025 (Vietnam Blockchain Week) on August 1–2. At the event, HTX Ventures’ head Alec Goh highlighted the rise of stablecoins, noting their market cap jumped over 60% this year to $250 billion, and emphasized their role in on-chain credit, real-world assets and cross-border trade. During the Web3 Future Night cocktail, HTX and ChainCatcher gathered leading projects, investors and KOLs, including partners SoSoValue, Bifrost, TRADOOR, TRON, SunPump and RootData, reinforcing ties with the Vietnamese crypto community. HTX advisor Justin Sun also made headlines by becoming the youngest Chinese commercial astronaut after a 10-minute suborbital flight on Blue Origin’s New Shepard, symbolizing HTX’s mission to push Web3 boundaries. Founded in 2013 as Huobi, HTX continues to expand its global Web3 ecosystem through digital asset trading, derivatives, research and investments, guided by its strategy of security and compliance.
Bullish
HTX’s prominent role at GM Vietnam 2025 and its focus on stablecoin adoption coincide with a market cap surge of 60% this year to $250 billion, underscoring growing institutional and regulatory support. Alec Goh’s insights on compliance and on-chain applications reinforce confidence in stablecoin utility, while high-profile events like Web3 Future Night foster community engagement. Justin Sun’s record-setting suborbital flight further elevates HTX’s innovative image. Similar to past ecosystem partnerships and celebrity endorsements that spurred positive market reactions (e.g., major Devcon announcements), these developments are likely to drive increased trading activity in stablecoins and tokens listed on HTX, supporting short-term bullish momentum and laying foundations for long-term growth.