Huobi Founder Li Lin Launches $1B Ethereum Belief With Asia’s High Crypto Backers

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Li Lin, founding father of Huobi and Avenir Capital , has raised $1 billion to launch a brand new Ether-focused digital asset belief alongside main Asian crypto traders. Backed by HongShan Capital, Fenbushi Capital, HashKey Group, and Meitu founder Cai Wensheng , the belief goals to accumulate ETH and broaden institutional publicity to Ethereum. The challenge will function underneath a Nasdaq-listed construction , offering regulated entry for giant traders in search of publicity to Ethereum amid surging institutional demand. One billion-dollar wager is being created round Ethereum. Li Lin, the founding father of Huobi, is alleged to be planning a $1 billion Ether belief in collaboration with a number of the earliest blockchain traders, which is a sign of elevated confidence within the long-term use of Ethereum as the muse of decentralized finance and tokenized economies.

Li Lin’s Billion-Greenback Ethereum Technique Li Lin, the founding father of Huobi that was acquired in 2021 and grew to be one of many largest exchanges on this planet, is at the moment main a brand new challenge along with his funding agency Avenir Capital. As per experiences surrounding the difficulty, the fund will elevate large quantities of ETH by way of a managed belief automobile, which is able to attraction to each institutional and high-net-worth purchasers.

The belief, anticipated to be introduced inside weeks, already secured $1 billion in commitments , together with:

$500 million from HongShan Capital Group (previously Sequoia China), $200 million from Avenir Capital , and Extra contributions from early Ethereum advocates Shen Bo (Fenbushi Capital), Xiao Feng (HashKey Group), and Cai Wensheng (Meitu Inc.). People who find themselves educated in regards to the challenge indicated that the group would set up the belief in a Nasdaq-traded shell firm and supply a regulated publicity automobile similar to U.S. spot crypto ETFs. This is able to be enticing to overseas traders who would want to make investments Ethereum in a clear and compliant mannequin.

Learn Extra: Ethereum Dominates 2025 Developer Panorama with Over 16K New Builders

A Excessive-Stakes Transfer by Asia’s Crypto Veterans The founding group is a listing of who’s who within the blockchain pioneers of Asia. Each of them have been influential within the preliminary crypto context:

Shen Bo was additionally one of many earliest traders in Ethereum to finance it by way of Fenbushi Capital, which was one of many first blockchain enterprise funds in Asia. Xiao Feng of HashKey Group assisted in creating the regulation coverage in Hong Kong on licensed digital asset trade. Cai Wensheng , the tech founding father of Meitu, has gained consideration in 2021 when his firm spent greater than $100 million on the acquisition of Bitcoin and Ethereum in its treasury. They take pleasure in a joint observe file, which avails them of economic affect and authority to the brand new Ether belief. Market analysts observe that the partnership represents a strategic wager on Ethereum’s future because the settlement layer for institutional finance .

“This alliance of early builders and main traders indicators a renewed institutional push into Ethereum,” stated one Hong Kong-based fund strategist. “It’s much less about hypothesis and extra about positioning for the tokenization wave.”

Why the Timing Issues: Ethereum’s Institutional Second Ether is within the “institutional part” as many gamers within the trade confer with. After the success of U.S. spot Bitcoin ETFs, there's market expectation to have approvals of spot Ether ETFs in key jurisdictions, just like the U.S., Hong Kong, and Singapore.

Such confidence would possibly place the group of Li Lin on the core of such momentum to supply a preliminary entry level to managed traders. Nansen knowledge present that Ether was buying and selling at round $3,857 on the time of writing, greater than 9% greater than it was the earlier week, as elevated market enthusiasm towards Ethereum-based merchandise started.

Learn Extra: Bhutan Migrates Nationwide Digital Identification to Ethereum in Main Blockchain Milestone

Latest occasions give this hope:

Ethereum’s staking yield stays secure round 3.5–4% , attracting institutional curiosity in search of yield-based diversification. BlackRock and Constancy have already filed for Ether ETF approvals within the U.S., with analysts projecting billions in inflows as soon as permitted. In Asia, HashKey and OSL have obtained licenses to supply spot crypto buying and selling to retail and institutional purchasers , increasing regulated entry to ETH. “Ethereum has develop into the popular community for real-world asset tokenization, stablecoins, and on-chain finance,” stated a report from Consensys on the Digital Asset Summit 2025 . “Its subsequent part may drive trillions in tokenized belongings.”

Li’s Avenir Capital has quietly grown into considered one of Asia’s most energetic digital asset funding corporations. Past this new Ether belief, Avenir.