Huobi co-founder reportedly looks to sell majority stake valued at over $1B

Cointelegraph

Published Aug 12, 2022 08:02AM ET

Updated Aug 12, 2022 09:40AM ET

Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over $1 billion.

Li reportedly had discussions with multiple financiers seeking to offload a 60% stake in the crypto company, which could be valued at over $1 billion and some believe could fetch as high as $3 billion, reported Bloomberg.

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