LD Capital, Antalpha Ventures and Highblock Announce Joint Formation of 1 billion Hong Kong Dollar ETF Liquidity Fund in Hong Kong

May 8th news, according to official news, recently, LD Capital, Antalpha Ventures, Highblock in Hong Kong announced the joint establishment of 1 billion Hong Kong dollar ETF liquidity fund to provide market maker services for Hong Kong ETF, the fund is the first Hong Kong ETF liquidity fund, designed to improve the liquidity of Hong Kong ETF, increase the efficiency of capital in and out, reduce the risk of price fluctuations and trading risks caused by liquidity problems.
According to the introduction, LD Capital is a well-known digital asset fund for primary and secondary investment and trading in the blockchain field, with cumulative investment in more than 300 blockchain companies; Antalpha Ventures is a financial service platform under Bitmain, the world's largest manufacturer of digital asset mining machines; Highblock Limited was founded by the former international large-scale digital asset trading platform executives. Its team has more than ten years of quantitative trading experience in the blockchain field. It has a Hong Kong digital asset quantitative trading compliance license and is a professional digital asset quantitative trading and digital asset portfolio management service provider in Hong Kong.
Hong Kong ETF approved by the Hong Kong Securities Supervision Commission, the first batch of six, namely: China (Hong Kong), Harvest International, Bosera International's Bitcoin spot ETF and Ethereum spot ETF, the six ETF opened on April 30, the first day of the total turnover is nearly 100 million Hong Kong dollars, reaching 99.40 million Hong Kong dollars.