Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Huobi Founder Li Lin Raises $1B With Partners to Accumulate Ethereum [Yahoo! Finance]

Blackrock Health Sciences Trust (BME) 
Company Research Source: Yahoo! Finance
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 working alongside Shen Bo, co-founder of Fenbushi Capital; Xiao Feng, chairman and CEO of HashKey Group; and Cai Wensheng, the founder of photo-editing app Meitu Inc. and one of China's most prominent crypto investors, Bloomberg reported, citing people familiar with the matter. Huobi Founder's $1B Ether Trust Nears Launch The group plans to structure the Ether trust through a Nasdaq-listed shell company, providing a regulated framework for institutional participation. The project has already raised about $1 billion, including $500 million from HongShan Capital Group (formerly Sequoia China) and $200 million from Li's Avenir, according t Show less Read more
Impact Snapshot
Event Time:
BME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BME alerts
Opt-in for
BME alerts

from News Quantified
Opt-in for
BME alerts

from News Quantified