$77 Million: Crypto Exchange Giant Huobi Gains Controlling Interest in Public Firm

$77 Million: Crypto Exchange Giant Huobi Gains Controlling
Interest in Public Firm

Crypto exchange giant Huobi has completed the purchase of majority shares of Hong Kong-based investment holding company, Patronics Holdings Limited (PHL). The development will see Huobi take over interest in an aggregate of 215,576,000 Shares, representing approximately 71.67% of the issued Shares as at the date of completing the transaction. Earlier this month, by the … Continued

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Colman Ma
Colman is a technology writer covering gadgets and general tech trends. Colman is a geek at heart and loves anything that has a chip in it.

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