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LD Capital, Antalpha Ventures, Highblock Unite for Hong Kong’s First ETF Liquidity Fund

In a historic move, major blockchain venture capital firms in Asia have joined hands to introduce Hong Kong’s first-ever ETF liquidity fund. According to an official announcement on Wednesday, LD Capital, Antalpha Ventures (a subsidiary of Bitmain), and Highblock have jointly established a fund valued at 1 billion HKD worth approximately $128 million.

The fund’s primary mission is to inject liquidity, streamline capital flows, and mitigate risks stemming from liquidity fluctuations and transactional volatility within Hong Kong’s ETF market. The move aims to address existing market inefficiencies and provide a stable foundation for investors navigating the crypto landscape.

Enhancing Hong Kong’s ETF Market

Hong Kong commenced trading crypto ETFs on April 30, following months of anticipation since their launch in the United States. Unlike its American counterpart, Hong Kong License.

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