According to Foresight News, Avenir Group, an emerging investment firm and family office founded by Li Lin, held 16,558,663 shares of BlackRock's iShares Bitcoin ETF (IBIT) in the second quarter. This holding, valued at $1.01 billion, positions Avenir Group as the leading Asian institutional investor in the ETF and the fifth largest globally.
Insiders have revealed that Avenir Group is actively investing in the tokenization of real-world assets (RWA) and Web3 financial infrastructure. The firm aims to facilitate a deeper integration between traditional finance and digital assets.
