Hong Kong VMS Group is entering the field of encryption for the first time and plans to allocate up to $10 million to Re7 Capital's strategy According to Bloomberg, VMS Group, a multi family office in Hong Kong, plans to allocate no more than $10 million to the strategy operated by decentralized hedge fund Re7 Capital (the allocation size has not yet been finalized), marking the first foray of this wealth management firm managing nearly $4 billion in assets into the cryptocurrency field. VMS Managing Partner Elton Cheung stated that this move aims to address the issue of declining liquidity in traditional private equity, while also responding to the growing demand for digital assets from clients. Zhi Li, the head of VMS London, added that the group is exploring the integration of encrypted payments into its controlled real estate projects in Vietnam and has observed a strong interest among younger family members in compliant digital asset allocation.