Huobi Global controlling shareholder to sell entire stake to About Capital

As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives.

Crypto exchange Huobi Global announced that About Capital Management (HK) Co. Ltd, an Hong Kong based-asset management firm became the exchange’s controlling shareholder following a successful buyout deal.

While the transaction of an undisclosed amount crowns About Capital as Huobi’s new controlling shareholder, the exchange stated that core operation and

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