Bloomberg: A $4 Billion Hong Kong Family Office Makes First Crypto Foray
VMS Group plans to allocate up to $10 million to decentralized-finance hedge fund Re7 Capital’s strategies, as part of its move to diversify into more liquid investments.
The decision is driven by growing demand and clearer legislative and government support for digital assets, as well as large institutional support and endorsement.
VMS is also exploring partnerships with digital-asset payments and infrastructure projects, including integrating crypto-based payments at a Vietnam real estate project it operates.
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