Cryptocurrency firm Huobi's founder may be the occupant of a US$128 million mansion in Hong Kong's Kowloon Tong

Li Lin, founder of cryptocurrency exchange Huobi Global, is believed to have rented an ultra-luxury mansion in Hong Kong, as the financial centre woos Chinese players in the industry to boost its status as a virtual asset hub. The 11,692 square-foot house, which is part of Kerry Properties' Mont Verra project located in the upscale neighbourhood of Beacon Hill in Kowloon Tong district, was leased earlier this month to a person named Li Lin, according to records on the government's Land Register.