Yi Lihua: I have not been deeply involved in market making since 2019
Svmuu News: Yi Lihua posted on X, stating that it is important to acknowledge that we are ordinary people. Whether in traditional industries or in the crypto space, we have always focused on primary investments in Liquid Capital & investment bank Liquid Digital, and secondary trading firms Trend Research (crypto) & Trend Investment (traditional finance). While operating projects and exchanges is highly profitable, our energy and capabilities are limited, so we can only look on with envy and jealousy. In 2018, we incubated a market maker. However, the team kept the profits for themselves while passing the losses on to us, leaving us battered and bruised. After exiting in 2019, we have never again been deeply involved in market making; at most, we make investments in promising trading teams. Conspiracy theories are always the most popular, but I’m no “hexagon warrior”—I simply don’t have the ability or energy to manage projects, and the exchange is well aware of this.
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Source:Odaily · Source Link
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