Huobi Li Lin Returns! Launches Avenir Crypto, a Quantitative Crypto Fund with an Initial Size of $500 Million
According to a report by Deep Dive TechFlow, Avenir Capital, the family office of Huobi founder Leon Li, will establish a quantitative cryptocurrency fund, Avenir Crypto. The report shared a presentation that stated:
"Avenir Crypto will leverage financial support, forward-looking insights, deep data, and our global network to collaborate closely with leading innovators, explore the limitless potential of financial innovation, and drive the development of quantitative trading in crypto assets."
The first phase of Avenir Crypto will have a size of $500 million, with Binance acting as the primary trading venue for the fund.
Huobi Founder Leon Li is back in the game?
Deep Dive TechFlow learned that on September 12th, Huobi founder Leon Li's family office Avenir Capital established a quantitative crypto fund, Avenir Crypto, with a first phase size of $500 million. pic.twitter.com/do7bSwb4rK
— TechFlow Deep Dive｜APP Launched (@TechFlowPost) September 13, 2024
