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Just caught wind that Li Lin's moving his trading team over to Bitfire, this Hong Kong wealth management firm. 20 people from Avenir Group joining up to basically boost their private banking game. Dude already owns like 30% of the company so makes sense he'd want to strengthen things from the inside.
The CEO Livio Weng is framing it as a strategic play to solidify their position in wealth management. Honestly interesting timing - feels like Li Lin is really doubling down on the wealth side of things. Wonder if this signals something bigger happening in that sector or if it's just consolidation moves.
Anyone following what Li Lin's been up to lately? The whole integration angle is pretty solid if they can actually execute it smoothly.