Huobi Group Founder Appointed As CEO Of Investment Holding Company To Help Explore New Tech Projects

Leon Li is the founder of the Huobi Group Exchange. He was recently appointed as chairman of the board, CEO, and executive director of the board at Pantronics Holdings Ltd.

Changes Happening at Pantronics

A press statement released on September 10th, 2019 and shared with Cointelegraph noted that Li had taken up a new role at Pantronics Holdings Ltd., which is a listed company in Hong Kong.

Leon Li is a thirty-seven-year-old founder of the Huobi Group, a global digital asset which he started in 2013. In his new role, he is expected to help the investment fund based in Hong Kong with the exploration of new investment opportunities.

Pantronics current executive director, Chris Lee stated that Li possessed experience and knowledge that would be invaluable to the team at Pantronics. He went on to note that the international scale of innovative technologies was rising at a very fast pace.

In his public statement, he added that emerging technologies led by artificial intelligence, big data, mobile internet, and blockchain technology were transforming contemporary business models at a very fast pace.

As such, the management skills, experiences, and knowledge that has helped Leon to become a successful leader in blockchain technology would prove invaluable to the team at Pantronics even as it seeks to continue expanding its portfolio.

Since the change in management was announced, speculation became rife that there was a possibility that Pantronics Holdings Ltd, would now undergo a name change to become Huobi Technology Holdings Ltd.

However, it is important to note that before any name change can be done, approval would first need to be sought from the Registry of Corporate Affairs located in the British Virgin Islands. Shareholders would also need to give their nod on the name change before any changes took place.

Blockchain-Powered Smartphone From Huobi

A report prepared and published by Cointelegraph earlier in the year had noted that the Huobi Investment Startup known as the Whole Network had made plans to launch its own smartphone powered by blockchain technology. The phone was dubbed as the Acute Angle and was at the time already available to some people in China.

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