Crypto Whale Moves 20-Strong Trading Team to Tap Asia’s Rich

Crypto tycoon Li Lin is moving an entire trading team of about 20 people from his single-family office to Bitfire Group Holdings Ltd., a wealth manager in which he owns a 30% stake, to help the firm tap more private banking clients.

Bitfire is acquiring the team and their trading system from the mogul’s Avenir Group, the Hong Kong-listed firm’s Chief Executive Officer, Livio Weng, said in an interview.