Huobi Founder Li Lin Launches $1 Billion Ethereum Treasury Management Firm

Bloomberg reports that Huobi founder Li Lin is establishing a new cryptocurrency treasury management company focused on Ethereum assets. The firm will manage approximately $1 billion in Ether holdings, positioning itself as a major institutional player in the Ethereum ecosystem. This significant development highlights growing institutional confidence in Ethereum's long-term value proposition and marks an important milestone for professional digital asset management services in the cryptocurrency space.