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Crypto exchange Huobi Global’s Hong Kong-listed parent, Huobi Technology Holdings, is proposing renaming the group to “New Huo Technology Holdings Limited,” while it reportedly seeks to sell a majority stake in the company.
In August, Huobi was reportedly seeking to sell a 60% stake in the company that would value the business at US$3 billion. However, the founders of FTX and Tron, speculated as potential buyers, denied making a bid.
More info: https://bit.ly/3R8pZTs