🤝 Chinese crypto billionaire to help lead Hong-Kong-listed blockchain firm

Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO, effective Dec. 3. The company, Grandshores Technology Group, announced Monday that Li will now oversee various blockchain-related projects including the creation of a fiat currency-linked stablecoin, work on trusted execution environment (TEE) applications and more.

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