Fore Elite Capital, a well-known licensed virtual asset hedge fund manager in Hong Kong, announced that its assets under management (AUM) are expected to increase by 20% in the first month since the launch of its flagship fund on May 1. The injections include seven traditional Financial Institution Groups including local private banks, funds of funds and family offices.
The company said the fundraising progress far exceeded expectations, reflecting that traditional funds are accelerating their recognition of licensed virtual asset allocation opportunities with long-term performance.
Hong Kong's Frontier Rational Capital Opened to Invest in Seven Traditional Financial Institution Groups in the First Month
2025-05-26 05:52:39
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