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Huobi Founder Launches $1 Billion Ethereum Trust

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The founder of Huobi stands. His right hand makes a gesture to initiate or send an order. His left hand holds a light-up device that projects a trail of visual data. On the giant screen, a visual stream shows the transfer of “$1,000,000,000” from a stylized Huobi wallet to an Ethereum icon.

Li Lin, founder of Huobi, partners with influential Asian investors to launch a billion-dollar Ethereum trust. Supported by major names in Asian investment, the project aims to structure the accumulation of ETH within a regulated framework. While attention remains focused on Bitcoin and its ETFs, Ethereum is gaining ground as a treasury asset. This operation marks a step in the institutional rise of the network.

L’article Huobi Founder Launches $1 Billion Ethereum Trust est apparu en premier sur Cointribune.

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