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Huobi Asset Management Lauches BTC, ETH and Crypro Mining Funds 4 hours ago by Oluwapelumi Adejumo · 3 min read Photo: Shutterstock You have successfully joined our subscriber list. One of the funds launched by Huobi Asset Management is a private equity fund that will invest solely in cryptocurrency mining operations. In a move that is geared to encourage institutional investors to adopt crypto, Huobi Asset Management, a subsidiary of Huobi Technology, has recently announced four cryptocurrency funds for institutional investors. Huobi Asset Management is part of the publicly traded Huobi Technology which is listed on the Hong Kong stock exchange. With this initiative, it is expected that institutional investors will take advantage of this opportunity and the lenient laws of Singapore and Hong Kong to invest more in digital assets. ....
Huobi Asset Management Launches Virtual Asset and Mining Funds for Institutional Investors News provided by Share this article Share this article LONDON, April 22, 2021 /PRNewswire/ Huobi Asset Management (Hong Kong) Limited (Huobi Asset Management), a wholly-owned subsidiary of Huobi Technology Holdings Limited (Huobi Tech, stock code: 1611), today announced the launch of four crypto-related funds for institutional investors. The new offerings, include three virtual asset funds and a private equity fund for blockchain mining-related businesses. On March 3rd, 2021, Huobi Asset Management obtained the SFC s approval to manage and distribute funds 100% invested in digital assets, making Huobi only the second virtual asset fund manager to become licensed in Hong Kong. Since obtaining approval, Huobi Asset Management has already received $50 million USD in commitments across the four funds and is targeting $100 million by Q3 2021. ....
Huobi Asset Management Launches Virtual Asset and Mining Funds for Institutional Investors prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.