According to the latest disclosure documents from the U.S. Securities and Exchange Commission (SEC), Huobi founder Li Lin indirectly holds approximately 5.9% of Tiger Brokers (UP Fintech Holding Limited, Nasdaq: TIGR) through his wholly-owned investment entity, totaling 10,667,580 American Depositary Shares (ADS).
The specific structure shows that the holding is completed by a multi-layer holding structure controlled by Avenir Investment Limited, which is wholly owned by Li Lin. The document disclosed: Avenir Investment holds 100% of Avenir View Limited, which in turn wholly owns Avenir Tech Limited, and Avenir Tech is the direct entity holding Tiger Brokers shares.
This equity disclosure marks that Li Lin is re-active in the financial technology and Internet brokerage fields as an investor after a period of silence. Tiger Brokers is an Internet brokerage focusing on global US stocks, Hong Kong stocks and other markets. In recent years, it has continued to expand its global compliance business and has a large customer base in the Chinese-speaking circle in Asia.
As an early entrepreneur in China's cryptocurrency industry and the founder of Huobi.com, Li Lin has a far-reaching influence in the blockchain field. Since leaving Huobi's core management in 2019, Li Lin has deployed multiple cutting-edge technology and financial investment projects in the form of a family office, and the Avenir system controlled by him has gradually surfaced.
Analysts believe that this investment in Tiger Securities may represent Li Lin's expansion of his vision from digital asset trading platforms to compliant financial technology service platforms, especially in the context of stricter global regulation and accelerated digital transformation of traditional finance. This "crypto gene + financial technology" capital allocation method may bring new synergy effects.
It is worth noting that Tiger Securities has previously obtained multiple financial service licenses in Singapore, the United States, Hong Kong and other places. As virtual assets, digital securities and wealth management businesses gradually merge, the market is paying close attention to whether it will explore new business directions that integrate with blockchain or Web3 technology in the future.