Huobi Founder Leon Li Seeks to Sell His Majority Huobi Stake at $3 Billion Valuation

According to Bloomberg, Huobi founder Leon Li is in talks with a group of investors to sell around 60% of his Huobi stake at a valuation of as much as $3 billion. FTX is among those who've had preliminary contact with Huobi about a share transfer, one person familiar with the matter said. Another person said that the deal could be completed as soon as the end of this month, and the sale could fetch upwards of $1 billion. According to TokenInsight data, $HT price increased 21.4% over the last 24 hours, trading at $5.3904 now.