Hong Kong’s VMS Family Office Bets Big: $10M Dive Into Crypto Debut
Hong Kong's wealth machine takes its first crypto plunge—no life jackets included.
VMS Family Office just greenlit a $10 million maiden voyage into digital assets, per Bloomberg. The move signals growing institutional FOMO as traditional finance scrambles to catch the blockchain wave.
Why now? Because nothing motivates legacy money like watching competitors print generational wealth. While Wall Street still debates 'Is crypto real?', Asia's ultra-rich are quietly building positions—with Hong Kong emerging as the region's de facto crypto capital.
One cynical take: After missing Bitcoin's last 10x, family offices now need moonshots to justify their management fees. But hey—better late than never for boarding the gravy train.