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Breaking: Huobi Seeks To Sell 60% Stake; SBF, Justin Sun In the Race

Huobi founder Leon Li is reportedly seeking to sell most of his stakes in the exchange. This deal can be valued at around $3 billion making it the largest buyout in the crypto market history.

According to Bloomberg, Huobi’s chief had multiple dialogues with financiers. He is seeking to seel around 60% of the Huobi Shares. However, Sam Bankman-Fried’s FTX and Tron founder Justin Sun are reportedly in the race to grab this opportunity.

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 12.08.2022

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