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Huobi Founder Li Lin Set To Launch $1 Billion Ether Accumulator

Li Lin, the founder of crypto exchange Huobi and chairman of investment firm Avenir Capital, is joining forces with some of Asia’s earliest Ethereum backers to launch a new digital-asset trust that will buy Ether tokens, according to people familiar with the matter.The group includes Shen Bo, a veteran blockchain investor and co-founder of Fenbushi Capital and Xiao Feng, chairman and Chief Executive Officer of HashKey Group, said the people, who were not authorized to speak publicly. The cohort ...

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