China Renaissance Capital Holdings plans to invest 100,000,000 USD in Web3.0 and cryptocurrency assets, highlighting a focus on stablecoins and real-world assets. The firm’s strategic past investments, including Circle, enhance its credibility and ambitions in the evolving crypto landscape.
Chairperson Hui Yin Ching expressed confidence in blockchain technology development. This significant investment is expected to stimulate discussions on regulations and market growth, especially concerning stablecoins like USDC, which has shown notable stability in recent trading.
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