The Hong Kong wealth management company VMS Group, managing $4 billion in assets, has made its first foray into the Crypto Assets sector.

Golden Finance reports that a wealth management company in Hong Kong, which manages funds for local wealthy individuals, will begin investing in Crypto Assets. As Hong Kong's regulatory policies on digital assets become increasingly lenient, it is attracting a wider range of investors into this field. VMS Group is a united family office managing nearly $4 billion in assets. According to VMS managing partner Elton Cheung in an interview, the company plans to allocate up to $10 million to the strategies managed by the decentralized finance hedge fund Re7 Capital. He added that the specific allocation amount has not yet been finalized.