VMS Group has announced its intention to allocate up to $10 million to Re7 Capital's decentralized finance strategies, marking the company's first step into the world of crypto assets.
VMS Group's Investment in Crypto Assets
VMS Group, a Hong Kong multi-family office managing nearly $4 billion in assets, announced plans to invest up to $10 million in Re7 Capital's decentralized finance strategies. This decision aims to address declining liquidity in traditional private equity while meeting increasing client demands for digital assets.
Increased Interest in Ethereum and DeFi
This strategic decision is expected to redirect attention towards digital assets and may enhance liquidity within the DeFi landscape, reinforcing Hong Kong's position as an emerging hub for crypto investments. Furthermore, VMS's engagement could encourage other institutions to consider transitioning towards digital assets.
Potential for Liquidity Growth in DeFi
According to Zhi Li, head of VMS's London office, there is strong enthusiasm for compliant digital asset allocations, especially among younger family members. He stated, 'There is very strong institutional and family interest in getting regulated digital asset exposure.'
VMS Group's move into the crypto asset space could significantly impact the DeFi landscape and promote the adoption of new financial technologies.
