Hong Kong-Based mostly Holding Firm Appoints Huobi Trade Founder as CEO
Huobi Group founder Leon Li has been appointed CEO, chairman of the board and government director of the board of Pantronics Holdings Ltd.
Modifications at Pantronics
A press launch shared with Cointelegraph on Sept. 10 introduced Li’s new roles at Hong Kong -listed holding firm Pantronics Holdings Ltd.
The 37-year-old Leon Li, who based the worldwide digital asset large Huobi Group in 2013, will assist the Hong Kong-based funding firm “discover potential new alternatives.” Chris Lee, Pantronics’ present government director added that Li’s information and expertise might be invaluable to the Pantronics staff. He mentioned:
“The worldwide scale of progressive applied sciences is rising exponentially. Rising applied sciences, resembling cellular web, A.I., large information, and particularly blockchain know-how are radically remodeling conventional enterprise fashions. The information, experiences, and administration expertise which have allowed Leon to construct probably the most profitable digital asset firms on the planet might be invaluable to the Pantronics staff.”
Pantronics Holdings Ltd. would possibly endure a reputation change to Huobi Know-how Holdings Restricted. Nonetheless, the change might be topic to approval from the Registry of Company Affairs within the British Virgin Islands and shareholders.
Huobi’s blockchain-powered smartphone
Cointelegraph not too long ago reported that Huobi-invested startup Entire Community was planning to launch its blockchain-powered smartphone, dubbed Acute Angle. The blockchain cellphone was already obtainable to some customers in China, however the precise launch of Acute Angle is scheduled for tomorrow as a part of the sixth Huobi Prime launch.
The blockchain cellphone is produced by the Entire Community startup that Huobi invested in and might be priced at round $500, and could be bought with the trade’s native Huobi Token (HT).