
TechFlow 深潮|APP 已上线|Jun 20, 2025 03:12
Ma Gang: He Changed Bubble Mart and Bitcoin
Labubu is popular worldwide, and the market value of Bubble Mart's HKD 340 billion has made its founder Wang Ning the richest man in Henan.
A joke is being mentioned again by everyone:
Before Pao Pao Mart went public, investors evaluated Wang Ning as having average education, no formal classes, a calm expression when speaking, no infectiousness, and no elite team. After Bubble Mart went public, investors evaluated Wang Ning as having a calm personality, not saying much, not showing emotions, and possessing many excellent qualities of a "consumer entrepreneur".
Another angel investor from Bubble Mart, Mai Gang, received the same treatment.
Before the rise of this trendy gaming giant, Mai Gang self deprecatingly referred to himself as an "alternative investor" who was "kicked out of group chats" by the mainstream capital circle; And when the market value of Bubble Mart soared, he was once again invited to the "altar" and transformed into a legendary figure in the investment industry.
However, the legend of Maigang goes far beyond the realm of trendy gaming.
Little known is that Xu Mingxing, the founder of OKX, a leading global cryptocurrency trading platform, is also an investor in Bubble Mart, earning thousands of times the return, and all of this is inseparable from Maigang.
Mai Gang is also the mentor of Xu Mingxing, who founded and invested in his earliest entrepreneurial project, Douding.com, and later co founded OKCoin.
Even Mai Gang is the crypto guide of He Yi, co-founder of Binance.
In 2014, at a private gathering organized by Mai Gang, he introduced He Yi, who was then a program host, to Xu Mingxing, which facilitated He Yi's joining OKCoin. Subsequently, He Yi introduced the current founder of Binance, Zhao Changpeng (CZ), to join the team, thus opening the curtain on the global cryptocurrency exchange market disputes.
His investment portfolio spans across two seemingly unrelated fields, yet he has nurtured industry changing giants on each track. It can be said that Ma Gang not only achieved the success of Bubble Mart, but also to some extent changed Bitcoin.
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