According to the announcement of Huobi HTX on April 23, Huobi HTX has opened the deposit service of INIT at 19:00 (GMT+8) on April 23. INIT/USDT spot trading will be opened at 19:00 (GMT+8) on April 24. INIT withdrawal service will be opened at 19:00 (GMT+8) on April 25. At the same time, Huobi Leverage will add INIT/USDT (10X) single-position leverage trading at 19:00 (GMT+8) on April 24.

It is reported that Initia is an interwoven Rollup network that uses Initia L1 and interconnected L2 systems to rebuild a new multi-chain world from the whole, involving architecture, products and economic system stacks. Initia has the advantage of identifying many defects in existing multi-chain systems, such as Cosmos and Ethereum-based Rollup.