Hong Kong Fund Gathering Strength for Crypto Investment – Cryptocurrency News | Coins Booster
Hong Kong Fund Gathering Strength for Crypto Investment – Cryptocurrency News | Coins Booster
With Hong Kong reopening to the crypto market, local investors have launched a $100 million fund to finance the digital sector. The activity started in the past months. from Hong Kong Stunning news about the crypto industry continues to come. Hong Kong-based new equity fund focusing on regional market Web3 plans to strengthen its initiatives.For digital financial services of local investors A $100 million fund has reportedly been launched.According to a report published on March 30, ProDigital Future will be available during the six-month fundraising period. He saved $30 million.But for the fund targeted your amount one hundred million dollarwas stated. The Target of the Mutual Fund is $100 Million It was stated that the amount recovered for the fund in the six-month timeframe was $30 million. Your main goal is $100 millionstating that, It has been announced that efforts in this direction have been tightened.The fund is funded by Ben Ng, partner of Hong Kong-based equity firm SAIF Partners, and a long-time technology investor from China. It is managed by Curt Shi.In line with events, Sunwah Kingsway Capital Holdings and Golin International Group, They took their first steps to support the fund. While investors are cautious about investing their money in crypto projects, Mr Shi’sthe fundraising process so far, as he conveyed to reporters relatively seamless passed . Also, according to Shi’s statements, not only Hong Kong investors but also ProDigital Future Some family offices from China, Australia and Singapore were also involved.
