huobi leon li sells

Is the Co-founder of Huobi Willing to Sell His $1 B+ Majority Interest?

15.08.2022 13:18 (Updated 15.08.2022 13:08)
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by Nina Petrov
1 min read

Huobi’s co-founder Leon Li is reportedly in negotiations to sell the majority of his shares in the company, which may be worth over $1 billion.

According to Bloomberg, Li reportedly held talks with a number of financiers about selling a 60% stake in the cryptocurrency company, which could be worth more than $1 billion and, according to some, as much as $3 billion.

Without going into specifics, a Huobi representative told Bloomberg that the co-founder is in talks to sell his controlling stake in the cryptocurrency exchange with a number of global juggernauts.

Author

  • Nina Petrov is a theoretical mathematician, passionate about new trends in the global economy and blockchain technology. She is a devoted content creator and editor, crypto-enthusiast and stock market analyst.

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