Chinese crypto founders shelve US$500 million ether digital asset treasury plan

scmp.com/tech/blockchain/article/3333429/chinese-crypto-founders-shelve-us500-million-ether-digital-asset-treasury-project

Some of China’s cryptocurrency heavyweights have called off a US$500 million ether digital asset treasury (DAT) project, as the broader crypto market remains in a slump, according to people familiar with the matter.
The project was initiated earlier this year by Huobi founder Leon Li…

This story appeared on scmp.com, 2025-11-19 12:00:10.
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