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2026-04-22 08:07:01

HK is becoming more like a transfer hub connecting traditional finance and crypto assets, especially the kind that can list, audit, and custody.

View Original

CryptoFrontier2026-04-22 08:02:56

Li Lin Moves Avenir Trading to Hong Kong's Bitfire for $1.6M

Abstract: Reuters reports that Li Lin is moving part of Avenir Group's investment team and trading systems to Bitfire Group, a Hong Kong-listed firm, in a $1.6 million deal to develop bitcoin-linked wealth products. Bitfire plans to launch a regulated bitcoin-denominated asset vehicle called Alpha BTC and to use bitcoin derivatives to attract assets, signaling Hong Kong's growing role as a regulated crypto hub, while Li Lin maintains ties to Hong Kong-listed crypto companies.

Li Lin moves Avenir Group’s trading team to HK-listed Bitfire for $1.6 million, enabling Alpha BTC and regulated bitcoin exposure, as HK cements its crypto hub role.

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