VMS Group, a Hong Kong wealth management company managing $4 billion in assets, has entered the cryptocurrency field for the first time

According to Golden Finance, a wealth management company in Hong Kong that manages funds for local billionaires will begin investing in cryptocurrencies. With the increasingly relaxed regulatory policies on digital assets in Hong Kong, it is attracting a wider range of investors to enter this field. VMS Group is a multi family office that manages nearly $4 billion in assets. According to Elton Cheung, Managing Partner of VMS, in an interview, the company plans to allocate up to $10 million to the strategy managed by Re7 Capital, a decentralized financial hedge fund. He added that the specific allocation amount has not yet been finalized.