Just-In: Huobi Founder Sells Entire Controlling Stake, HT Token Price Soars

Crypto exchange Huobi Global on Saturday announced that its founder Leon Li has sold his entire controlling stake to Hong Kong-based About Capital Management. As per Huobi, the buyout vehicle of About Capital Management will be the controlling shareholder. Also, Huobi’s core operation and business management teams have no impact from the change in the controlling shareholder.