VMS Group plans to invest in DeFi for the first time with a $10 million allocation.
- VMS has nearly $4 billion in assets and is turning to crypto.
- The firm is investing in Re7 Capital, a DeFi hedge fund.
- Clearer rules and demand from institutions are driving interest.
VMS Group Makes First Crypto Move
VMS Group, a Hong Kong-based family office, is investing in cryptocurrency for the first time. The company is putting up to $10 million into a digital investment strategy. This will be managed by Re7 Capital, a hedge fund that focuses on decentralized finance (DeFi).
Why VMS Is Entering Crypto Now
Elton Cheung, a partner at VMS, said the firm is looking for more liquid investments. Until now, most VMS money went into private equity. But fewer companies are going public, which makes that type of investment harder to sell quickly. Cheung said it’s a good time to look at crypto markets instead.
Regulations and Institutional Demand Support the Move
VMS also noted that many countries now have clearer crypto rules. This gives investors more confidence. At the same time, more big firms are showing interest in digital assets. Together, these trends made VMS feel ready to get involved with crypto.
Who Is Re7 Capital?
Re7 Capital is a firm that manages funds using DeFi strategies. These strategies allow trading and borrowing using blockchain, without middlemen. Their goal is to earn a good return while using the tools of decentralized finance. VMS believes Re7’s experience in the space makes it a strong partner.
A New Direction for a 20-Year-Old Firm
VMS Group has been around for about 20 years. It mainly focused on traditional investments until now. This step into crypto marks a big shift in its strategy. The company did not offer further public comments, but the move shows growing trust in digital finance among large investors.
Source: coindesk.com