Ethereum Treasury Set to Grow as Huobi Founder Leads $1B Initiative

TLDR Huobi founder Li Lin is launching a $1 billion Ethereum treasury firm, backed by major Asian investors. The planned firm will acquire and hold Ethereum as its core reserve asset to boost long-term institutional demand. Avenir Capital has committed $200 million while Asian institutional investors have added another $500 million. The group is in [...]

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