According to a report published in Bloomberg, the giant media organ of the economy and finance world, Tron founder Justin Sun, Huobi It is negotiating with investors for some of its shares.
Speaking to Bloomberg, the crypto source claimed that Sun is in constant contact with potential investors. There is no clear information about how much the Chinese billionaire values the cryptocurrency exchange. The source stated that the talks are still in the early stages.
Is Sun the “Secret” Owner of Huobi?
Founder of Tron Justin Sun The close relationship between Huobi and the cryptocurrency exchange attracts everyone’s attention. Crypto phenomenon, Huobi “consultant” He claims that he is and does not own any shares in the stock market.
Sun’s spending of more than $200 million to support the company since the beginning of the year strengthens the claims. Bloomberg reported in a report published in November. Tron claimed that its founder paid $1 billion for the majority of Huobi shares. The Chinese billionaire denies the allegations. “They are not looking for any buyer/seller for the stock market” stated.
Founded in China nearly a decade ago, Huobi had a market share of more than 20% before cryptocurrencies were banned in the country. Huobi, which moved its headquarters to Singapore and Hong Kong after the ban decision of the Jinping administration, only mediates 4% of crypto trade.
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