By Summer Zhen

HONG KONG, April 22 (Reuters) – 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 said it had agreed to buy the investment team and trading systems of Avenir Group, Li’s family office, for $1.6 million.

Li, from China’s Hunan province, built Huobi – now known as HTX – into one of the world’s largest cryptocurrency exchanges, before a Beijing crackdown ‌reshaped the industry.

Cryptocurrency trading has ⁠been banned in mainland China since 2021, while…