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Li Xiaolai

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Li Xiaolai is a Chinese investor and blockchain enthusiast based in Beijing​.[8]​ An early proponent of Bitcoin and blockchain, Li has started several funds, launched a cryptocurrency exchange, and invested in blockchain projects.[8]

 

Biography

Early Life and Career

Image
A picture of Li Xiaolai

Li was born in the 1970s and grew up in Beijing.[4][7]​ He attended Changchun University​ where he earned a degree in accounting in 1995.[8]

 

Li began his career as a salesman and became one of the most well-known English teachers in China.[4]​ An author, Li published  two bestselling books about time management and methods in mastering vocabularies for English tests.[4]

 

Blockchain and Rise in Prominence

Li started mining Bitcoin and investing in the space in 2011.[4]​ By 2014, he reportedly owned over 100,000 bitcoins.[5]​ After founding the Bitfund venture capital firm in 2013, Li also established Yunbi, a cryptocurrency exchange based in China.[3]​ Upon starting the Yunbi, Li's bank account was frozen for various reasons. He was forced to sell bitcoins in a bear market in order to ensure adequate monetary reserves for the exchange.[3]

 

In 2016, Li founded, INBlockchain, a venture capital firm focused on blockchain assets.[8]​ In the summer of 2017, Li was an early investor in EOS and Block.one​.[3]​  This is not the first Dan Larimer​ project Li has supported, he also was an early investor in Bitshares​ and Steemit​.[3]

 

Other cryptos that Li has invested in include Siacoin​, Qtum​ and Bodhi.[1]​ In April 2018, Li joined Tunlan Investment​ and is the manager of their fund.[12]

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Created: 04/10/2018 06:09:00 PM UTC
Last Modified: 04/11/2018 01:24:33 AM UTC