Huobi Sale: Tron, FTX, and the $3 Billion Deal - What's Happening?

Crypto exchange giant Huobi's future is uncertain, with potential buyers circling. Are Tron and FTX interested in a $3 billion sell deal? Let's break down the latest developments.

Leon Li, founder of crypto exchange Huobi, is reportedly in talks with investors about selling a controlling stake in the company. The deal could value Huobi at as much as $3 billion, potentially making it one of the biggest share sales in the crypto space, according to Bloomberg.

According to a Bloomberg News report, Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as $3 billion, in what could be a significant shift for the exchange.

Several key players are rumored to be interested. Those that are reportedly in talks for the share transfer include Tron founder Justin Sun. While unconfirmed, whispers suggest that FTX may also be considering a bid.

Crypto exchange giant Huobi’s founder and CEO Leon Li is in talks with investors to sell his majority stake for $2 billion to $3 billion. The exact details of the deal, including which entity might ultimately acquire the stake, remain fluid.

The potential acquisition by either Tron or FTX (or another party) could significantly impact Huobi's direction and future. Stay tuned for further updates as this story develops.