Li Lin Invests $1 Billion in ETH, Launching New Digital Asset Trust

Huobi’s founder Li Lin is making a significant move back into the crypto world. He’s reportedly preparing to launch a billion-dollar fund dedicated to accumulating Ethereum (ETH). This new venture will be spearheaded by Li Lin and prominent Asian Ethereum backers like Shen Bo, co-founder of Fenbushi Capital, Xiao Feng, chairman and CEO of HashKey Group, and Cai Wensheng, founder of Meitu inc. 💰