Hong Kong’s VMS Family Office Bets Big: $10M Dive Into Crypto Debut
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Hong Kong's wealth machine makes its first crypto play—and it's a $10 million statement.
VMS Family Office, a heavyweight in Asia's private wealth arena, is breaking into digital assets with a splash. Bloomberg reports the firm is allocating up to eight figures to its maiden crypto investment—signaling institutional momentum despite regulatory headwinds.
Why now? The move drops as Hong Kong tightens its crypto framework while courting asset managers. VMS appears to be threading the needle: big enough to matter, cautious enough to avoid the SEC's wrath (unlike certain *cough* meme coin gamblers).
Watch this space. When family offices start writing checks, hedge funds usually follow—right after they finish shorting the same assets.
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