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Billion-dollar Ethereum DAT backed by Huobi founder collapses amid market downturn

According to reports, the $1 billion Ethereum DAT that leading Asian crypto investors, including Huobi's Li Lin, proposed will no longer happen, and the committed capital has been returned.  Had the plans gone through, the new trust could have grown into one of the largest dedicated institutional vehicles for Ethereum accumulation, rivaling the holdings of [...]

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