Crypto Deals and Investments
  • All Technology
  • AI
  • Autonomy
  • B2B Growth
  • Big Data
  • BioTech
  • ClimateTech
  • Consumer Tech
  • Crypto
  • Cybersecurity
  • DevOps
  • Digital Marketing
  • Ecommerce
  • EdTech
  • Enterprise
  • FinTech
  • GovTech
  • Hardware
  • HealthTech
  • HRTech
  • LegalTech
  • Nanotech
  • PropTech
  • Quantum
  • Robotics
  • SaaS
  • SpaceTech
AllNewsDealsSocialBlogsVideosPodcastsDigests

Crypto Pulse

EMAIL DIGESTS

Daily

Every morning

Weekly

Sunday recap

NewsDealsSocialBlogsVideosPodcasts
Huobi Founder Raises $1B to Back Ether Trust via Nasdaq Shell
CorporateCrypto

Huobi Founder Raises $1B to Back Ether Trust via Nasdaq Shell

•October 17, 2025
•Oct 17, 2025
0

Participants

Avenir Capital

Avenir Capital

investor

Health Systems Global

Health Systems Global

investor

Fenbushi Capital

Fenbushi Capital

investor

HashKey

HashKey

investor

Deal Summary

Li Lin and partners raised about $1 billion to fund an Ether accumulation strategy through a Nasdaq‑listed shell company, backing a forthcoming Ether trust. Major commitments included $500M from HongShan Capital Group and $200M from Avenir, with participation from Fenbushi Capital, HashKey Group and Meitu founder Cai Wensheng.

0

Comments

Want to join the conversation?

Loading comments...