Tron founder Justin Sun said he owns “tens of millions” of Huobi tokens.
Tron founder Justin Sun said he owns “tens of millions” of Huobi tokens and plans to boost the latter now that he is an advisor to the linked crypto exchange.
“I would see myself as one of the biggest holders” of Huobi tokens in the world, Sun said in a Bloomberg Television interview with Emily Chang on Thursday.
He added that in 2013, he started collecting the token associated with the Huobi crypto exchange. The coin is up about 80% in the past week after Sun became an advisor to the exchange.
Huobi is a top 10 crypto exchange worldwide, according to tracker CoinMarketCap, with volume of about $879.5 million in the last 24 hours. Sun said he has not bought a stake in the company.
Sun said he will also focus on bringing Huobi globally and eventually even back to China, if regulations allow.
Sun said his team has looked at the assets of bankrupt cryptocurrency lender Celsius Network, but has not yet decided whether it will bid. Tron’s native token has just become legal tender in the Commonwealth of Dominica, an island nation in the Caribbean.