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Chinese crypto tycoon eyes HK capital with bitcoin asset management push
malaya Business Insight
|April 23, 2026
Chinese crypto tycoon Li Lin plans to move a trading system and team from his family office to Hong Kong-listed Bitfire Group where he is the largest shareholder, in an effort to tap into demand for digital assets among investors and institutions.
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Bitfire, a wealth-management firm, on Wednesday said it had agreed to buy the investment team and trading systems of Avenir Group, Li’s family office, for $1.6 million.
Li, from China’s Hunan province, built Huobi - now known as HTX - into one of the world’s largest cryptocurrency exchanges, before a Beijing crackdown reshaped the industry.
Cryptocurrency trading has been banned in mainland China since 2021, while Hong Kong is striving to become a virtual asset hub.
Diese Geschichte stammt aus der April 23, 2026-Ausgabe von malaya Business Insight.
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