Huobi founder Li Lin has joined forces with some of Asia’s earliest Ethereum backers to launch a $1 billion digital asset trust aimed at accumulating Ether (ETH). Key Takeaways: Huobi founder Li Lin and prominent Asian crypto investors have raised$1 billion to launch an Ether-focused digital asset trust. The trust includes major backers such as HongShan Capital and Avenir Capital. The initiative aims to capitalize on rising institutional demand for Ethereum. Li, who also chairs Avenir Capital, is ...