Oct 17, 2025
Huobi Founder Plans Massive $1 Billion Ethereum Fund
TLDR: Huobi founder Li Lin is forming a $1B Ethereum-focused firm to manage long-term ETH treasury operations. The venture targets stronger ETH demand through on-chain accumulation and strategic liquidity management. Bloomberg reported the firm will run independently from Huobi and focus solely on Ethereum assets. Growing Asian institutional interest in Ethereum may accelerate ETH price [...]
The post Huobi Founder Plans Massive $1 Billion Ethereum Fund appeared first on Blockonomi.
Source: Blockonomi →Related News
- 47 minutes ago
Forensic Analysis Links Argentine President to $5M Libra Token Deal
- 1 hour ago
Venus Protocol Flash Loan Attack Causes $3.7M Loss on BNB Chain
- 1 hour ago
Uniswap Price Compression Signals Potential Breakout Toward $5.30
- 2 hours ago
DeFi User Loses $50.4M in One Swap as MEV Bots and Protocol Failures Collide
- 2 hours ago
Ethereum Futures Volume Surpasses Spot Trading Sixfold as Macro Pressures Mount
