Huobi founder Li Lin plans to launch a $1 billion Ether treasury, Bloomberg reported today. Lin, who founded the major crypto exchange, is expanding into Ethereum-based financial initiatives as institutional interest in Ether as a treasury asset grows.
The move aligns with broader market trends toward Ethereum-based treasury products. Joseph Lubin has championed Ether as a core asset for corporate balance sheets, while traditional finance players increasingly tokenize US treasuries on the Ethereum network.
New platforms have emerged since 2024 to facilitate tokenized money market funds on Ethereum, backed by regulated issuers and asset managers. This infrastructure development supports the growing trend of Ether treasury models that executives like Li Lin are pursuing.
The initiative represents a huge bet on Ethereum’s role in institutional finance, as companies seek enhanced on-chain accessibility and composability for treasury operations.
