VMS Group, holding 4 billion USD in assets, plans to allocate up to 10 million USD into crypto via Re7 Capital. This strategic move aims to enhance liquidity amidst challenges in exiting long-term investments.
Elton Cheung emphasized that enhanced regulatory support in Hong Kong is a key factor, noting favorable conditions for trading cryptocurrencies and derivatives. The region is advancing regulations, allowing for stablecoin issuance and crypto trading.
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