Hoo describes itself as a blockchain asset trading platform. It aims to build an advanced platform that integrates quality assets to provide international users with safe trading services. Hoo claims to employ the use of bank-grade security (e.g. SSL), along with GSLB and decentralized servers to enhance the reliability of the platform.
Hoo acquired Chaince exchange and OAX exchange. Resources from the three are combined and upgraded as the Hoo exchange. Hoo exchange will provide users and blockchain projects with professional market trading services, helping the development of blockchain industry.
The Hoo core team reportedly comprises early BTC investors, blockchain developers, and technology researchers. According to Hoo, some of its team members used to operate SuanLiBa and BATPOOL.