
Midas Trend|Sep 19, 2025 11:24
ETH is in luck, and E-Guardians are even luckier!
Li Lin is back with some big shots to buidl!
After retaking control of New Fire, Li Lin has teamed up with Xiao Feng, Shen Bo, and Cai Wensheng to launch Asia's first ETH DAT project. The project’s initial fundraising goal is $1 billion, aimed at reserving ETH. The four founders have committed to subscribing to no less than $500 million in cornerstone shares with real money (including cash or equivalent ETH, BTC), accounting for 50% of the PIPE issuance. The remaining 50% will be completed through private equity investments in publicly traded shares, with a minimum investment threshold of $1 million USDT.
Following the initial investment, the company will immediately become one of the world’s top ETH asset reserve publicly listed companies, and the only ETH ecosystem public company with an Asian capital background. Moreover, the four founders are ambitiously planning to make ETH DAT the global TOP 1 ETH asset reserve listed company within the next 5-10 years, holding 5% of ETH’s circulating supply and achieving a market cap of over $100 billion.
Thinking back to when Li Lin left Huobi, he gave every employee a red envelope worth no less than $10,000 USDT, with the total amount reportedly exceeding $100 million. At that time, Huobi was ranked among the top globally... Considering Li Lin’s vision and the past achievements of the other founders, this project is pretty much a sure thing.
In short, Ethereum hodlers, you’re in luck!!!
Here’s part of the BP document...
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