Huobi Global to Support RAI (RAI Finance) Rebrand to SOFI

Dear Valued Users,

Huobi Global will be supporting the rebranding of RAI (RAI Finance) to SOFI with the following arrangements:

  • Suspension of RAI deposits and withdrawals at 02:00 (UTC) on Nov 19, 2021.
  • Disablement of all RAI spot trading pairs and cancellation of all pending RAI orders (RAI/BTC, RAI/ETH, RAI/USDT) at 03:00 (UTC) on Nov 19, 2021.
  • Snapshots of users' positions will be taken at 16:00 (UTC) on Nov 19, 2021, after all orders are canceled. Their RAI tokens will then be converted to SOFI tokens on a 1:1 basis.
  • Resumption of deposits, withdrawals, and trading of SOFI will be announced subsequently, please stay tuned.

 

* If you wish to exchange new tokens, please deposit RAI on the Huobi Global platform before 02:00 (UTC) on Nov 19, 2021, and we will handle all matters for you.

 

Please Note:

  • Please cancel all pending RAI orders before the system does; the system will automatically cancel them at the specified time and return the assets involved to your Exchange account.
  • The system will suspend the display of RAI price once trading has been disabled. RAI will be excluded from the calculation of users' total balance, and your actual holdings will not be affected.

 

Huobi Global

November 18, 2021

 

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Huobi Global reserves the right in its sole discretion to amend, revise, or cancel this announcement at any time and for any reasons without prior notice.