PANews reported on December 10th that, according to a Huobi HTX announcement, Huobi HTX opened SOMI deposits at 14:30 (GMT+8) on December 10th. SOMI/USDT spot trading will open at 18:00 (GMT+8) on December 10th. SOMI withdrawals will open at 18:00 (GMT+8) on December 11th. Simultaneously, Huobi Leverage will add isolated margin trading for SOMI/USDT (10X) at 18:00 (GMT+8) on December 10th.
Somnia is reportedly an EVM-compatible Layer 1 blockchain designed to power real-time, large-scale consumer applications across gaming, social, metaverse, and DeFi ecosystems. Somnia leverages its unique MultiStream architecture to enable high throughput and low-cost interactions.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more