Justin Sun, the founder of Tron, declared on Twitter that he would be going back to Hong Kong because he was feeling homesick and FOMO.
The businessman and cryptocurrency pioneer Justin Sun, who was born in China, declared on April 10 that he would be returning to Hong Kong. He claimed that he had FOMO and that he was unable to suppress his homesickness.
This occurred a few days after the cryptocurrency KOL declared that his term as Grenada’s ambassador would end on March 31. He stated that one of his future professional objectives was to return to the world of cryptocurrency.
This decision may have been made, nevertheless, when Huobi started working on the Hong Kong project. Bloomberg reports that Huobi declared its intention to expand its presence in Hong Kong in order to capitalize on the city’s expanding interest in cryptocurrencies.
However, Sun, who also happens to be a consultant at Huobi, asserted that the business saw Hong Kong as an important market for business growth.
He added that one of China’s experimentation zones for the growth of cryptocurrency was Hong Kong. As it reforms its policies to become a hub for digital assets, Hong Kong is making changes. Also, according to Bloomberg, Sun invested $1 billion in November 2022 to purchase around 60% of Huobi.
Due to Hong Kong’s recent pro-crypto stance, Huobi anticipates that the city will relax its cryptocurrency limitations. People would be able to use its services more easily as a result.