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

Bloomberg
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Crypto billionaire Li Lin is relocating a 20-person trading team from his private family office to Bitfire Group Holdings, a wealth management firm where he holds a 30% stake. The strategic move aims to expand Bitfire’s private banking services by leveraging Li’s crypto expertise to attract Asia’s high-net-worth clients. The transition, announced in April 2026, signals growing integration between traditional wealth management and crypto asset trading in Asia’s financial hubs. Bitfire, backed by Li’s influence, seeks to capitalize on rising demand for digital asset services among affluent investors in the region. This shift underscores Li’s broader push to institutionalize crypto trading within established financial frameworks, blending legacy wealth management with emerging asset classes.
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Crypto Whale Li Moves 20-Strong Trading Team to Tap Asia’s Rich

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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.

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