Huobi founder Li Lin plans to sell 60% of his shares, valued at about $1 billion


Huobi founder Li Lin is in talks with a group of investors to sell his majority stake in the cryptocurrency exchange at a valuation of as much as $3 billion, meaning his stake is worth more than $1 billion (about 6.738 billion RMB). The deal could close as soon as the end of this month.
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