$4B family workplace VMS Group to start buying crypto: Report

INSUBCONTINENT EXCLUSIVE:
Capital strategies, Bloomberg reported on Monday
substantial gains in private equity and other long-term investments, it is harder for the firm to exit from such investments, as more and
thought this was the right time because of growing demand and because we see clearer legislative and government support from various
Re7 Capital instead of directly investing in digital assets themselves
Re7 Capital is a digital assets investment firm that focuses on generating yield via DeFi and other crypto strategies.Cointelegraph reached
out to VMS Group but did not receive a response by the time of publication.Easing regulationHong Kong has recently taken regulatory steps to
foster crypto innovation in the region.Earlier this month, the Hong Kong government was reportedly using Chainlink's Cross-Chain
Interoperability Protocol to explore opportunities for its central bank digital currency initiative.On June 4, Hong Kong regulators allowed
Legislative Council passed a bill that will allow companies to issue stablecoins backed by fiat currencies by the end of the year.Hong Kong
firms accumulate cryptoHong Kong-based firms have already started adding crypto to their treasuries.Last week, MemeStrategy, an investment
firm managed by 9GAG, became the first publicly traded company in the region to invest in Solana
The firm bought more than 2,400 SOL tokens for $368,000.Meanwhile, in May, heat-and-eat meal seller DDC Enterprise bought 21 BTC as part of
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