Founder of Huobi appointed as CEO of holding firm based in Hong Kong

Leon Li, the founder of Huobi Group, is appointed as CEO, chairman and administrative director of the panel of Pantronics Holdings Ltd.

Li will help the company to discover new opportunities with his experience and skill. Huobi Group was founded by thirty-seven years old Li in 2013. The present executive director of Patronics Holdings, Chris Lee, has said, experience and knowledge of Li will be invaluable for their team. He further said that there had been exponential growth in innovative technologies. New technologies like AI, mobile internet, and Big Data are transforming the tradition business across the world. Skill and experience of Leon have helped to grow a successful digital asset firm so it will be priceless for Pantronics team as well.

Some of the insiders are anticipating that the brand name of Pantronics Holdings might also get altered to Huobi Technology Holdings Limited. However, the modification may echo after it gets endorsement from the Registry office of corporate affairs located in British Virginia and also needs the support of the shareholders.

Huobi group comprises Huobi Global, known amongst the most noteworthy cryptocurrency exchange of the world. They also have many other upstream and downstream commerce in the crypto asset ecology.  Some of the companies included in this are Huobi DM, Huobi Labs, Huobi Korea, Huobi Capital, Huobi Japan, etc.

Before establishing Huobi, Li was working for a company established in Beijing, Baide Yunbo Technology; the company specializes in SEO. There he worked from 2007 to 2011. After this, he joined another Beijing based corporation Zhongke Huishang Electronic Commerce, where he worked from 2011 to 2013.

Last year, in August, Huobi acquired 74% stake in Pantronics and has got itself enlisted in the Hong Kong Stock Exchange. The company has also made a move to Singapore as China tightens its grip on crypto-related activities. The company has annual turnover of $1trillion per year. The cryptocurrency exchange of the company provides a safe and secure environment for trading to its users. The exchange has its traders in 130+ countries.

Recent Articles

Joseph Lubin Says Millions of Developers Will Begin Working on Ethereum

Ethereum Co-founder and ConsenSys boss Joseph Lubin recently stated that about a million developers will join the Ethereum network in the long run. This...

Binance Enters South Korean Market by Adding Won in its Cryptocurrency Wallet Service

One of the biggest crypto-asset exchanges, Binance, on February 16, announced the opening of its cryptocurrency purchase facilities grounded on 15 currencies, which includes...

US-based Wells Fargo Infuses $5M in Elliptic Through Series B Funding

Headquartered in San Francisco and enriching the world with its revolutionary financial services, Wells Fargo & Company has announced the news about its strategic...

China Seeks to Digitize the Renminbi

China has set a good example as far as digital payment by regular customers in the country is concerned. The United States made far...

Everything You Need to Know About Bitcoin Payment Services

Cryptocurrencies are gaining worldwide popularity, given the eons of benefits that they offer to society as well as to the global economy. With Bitcoin...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox