ChainCatcher news, Wang Feng, the founder of Blueport Interactive, tweeted, "I will transfer all my equity in Element to the Hong Kong listed company Blueport Interactive Group Limited free of charge, making Element a part of the listed company holding quality assets. At the same time, I announce that I will no longer hold any equity in Crypto projects in my personal capacity. All my investment paths will be through assets under Blueport Interactive."

Chain Catcher News, the cryptocurrency trading platform Huobi Global announced that the controlling shareholder of Huobi Global has transferred all of its shares in Huobi Global to a fund under About Capital Management, making About Capital's merger fund the largest shareholder and actual controller of Huobi Global.The transaction has been approved by the Huobi board and has been officially completed, with the formal transfer of equity and business now finalized. The official statement indicates that this transaction only involves a change in the controlling shareholder and will not affect the existing core management and operational team.The official website shows that Hong Kong About Capital Management is an asset management company founded by Chen Yihua in 2013. He is also a partner at Jinglin Asset and holds an MBA from the Australian Graduate School of Management. It is reported that the company has a fund called "Asian Special Opportunities Fund," which manages assets of $200 million. (source link)