Hi HODLers and Hiveans,
Wethere you like it or not, one sure is for certain: SBF never stops!
Bloomberg reported on Friday:
Leon Li, founder of crypto exchange Huobi Global, is in talks to sell a majority stake in the company in a transaction that would value the firm at $3 billion or more
According to this article, Li has been discussing with Justin Sun and SBF to sell up to 60% of Huobi Global Exchange.
Despite this sort of denial, the article and sources seem quite reliable. Huobi Global Exchange has a c.$1bn daily trading volume.
Let's see what happens but as time passes, it seems we will end up with a sector controlled by 3 billionaires :D.
Stay safe out there,