Li grew Huobi – now known as HTX – into one of the world’s largest cryptocurrency exchanges before China’s crackdown on cryptocurrencies
Published Wed, Apr 22, 2026 · 12:29 PM
[HONG KONG] Chinese crypto tycoon Li Lin plans to move a trading system and team from his family office to Hong Kong-listed Bitfire Group, where he is the largest shareholder, in an effort to tap into demand for digital assets among investors and institutions.
Bitfire, a wealth-management firm, on Wednesday (Apr 22) said it had agreed to buy the investment team and trading systems of Avenir Group, Li’s family office, for US$1.6 million.
Li, from China’s Hunan province, built Huobi – now known as HTX – into one of the world’s largest cryptocurrency…
