Bloomberg: A Hong Kong family office with asset management scale reaching $4 billion enters the cryptocurrency field for the first time

On June 24th, according to Bloomberg, a wealth manager who provides financial services to some of Hong Kong's wealthiest individuals will begin investing in cryptocurrencies as a more favorable regulatory environment is attracting more and more investors into the digital asset field. VMS Group is a multi family office managing assets of nearly $4 billion and plans to invest up to $10 million in strategies managed by the decentralized financial hedge fund Re7 Capital. VMS Managing Partner Elton Cheung stated in an interview that the investment amount has not yet been finalized.