Xinhua Technology Acquires Avenir Group Trading Team and Launches Bitcoin Asset Management Service


Xinhua Technology ( announced it will acquire the investment team and trading system of Avenir Group, the family office of Li Lin, for $1.6 million.
After the acquisition, Xinhua Technology plans to launch a Bitcoin-denominated asset management service called Alpha BTC, aiming to attract over 10k Bitcoins in investments within a year, valued at approximately $760 million. The strategy will generate returns through derivatives trading such as options, using Bitcoin or IBIT ETF as the underlying assets, with target clients including crypto-native investors and local businesses in Hong Kong.
As of the end of 2025, Avenir Group holds 18.3 million shares of BlackRock iShares Bitcoin Trust, valued at $908 million.
BTC-0.91%
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