Hong Kong Family Office VMS Allocates $10M to Crypto via Re7 Capital
VMS Group, a Hong Kong-based family office managing nearly $4 billion in assets, is making its first foray into cryptocurrency investments. The firm has committed up to $10 million to strategies managed by Re7 Capital, a decentralized finance (DeFi) hedge fund.
The MOVE signals a strategic shift toward more liquid assets, as VMS seeks to diversify beyond its traditional private equity focus. "Private equity has become less liquid as companies stay private longer," noted Elton Cheung, a partner at VMS.
Clearer regulatory frameworks for digital assets across multiple jurisdictions and growing institutional interest were cited as key factors driving the decision. The allocation reflects accelerating institutional adoption of crypto assets despite recent market volatility.
