Pacific Water Drop Digital Asset Fund announces the launch of its third digital asset fund, focusing on Bitcoin investment
China Taiping Insurance Group's China Taiping Investment Management (Hong Kong) Limited has been approved by the Hong Kong Securities and Futures Commission to invest in virtual assets. The company partnered with Waterdrip Capital in April 2023 to launch two funds focused on digital assets: Pacific Waterdrip Digital Asset Fund I (mainly investing in venture capital funds in the primary market) and Pacific Waterdrip Digital Asset Fund II (a POS token income enhancement fund). Now, Pacific Waterdrip Digital Asset Fund has announced the launch of its third digital asset fund, focusing on Bitcoin (BTC) investment. The fund provides convenient deposit methods for qualified investors and institutions, supporting the use of US dollars, USDC and USDT to participate in the virtual asset market, especially in the field of Bitcoin investment opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PumpFun Corp Faces Legal Battles Over Alleged Securities Violations and Meme Token Scandals
Vottun Brings Tokenization to Web3 Development; Launches Flagship Low-Code Platform for Builders
Ethereum And Uniswap Had Their Transformative Runs In 2021, Its Elluminex’s Turn In 2025
Solana ETFs: How a 2025 launch could play out
Some expect a Solana ETF to be approved by the end of the year thanks to a pro-crypto Trump Administration.Defining if Solana will be classified as a commodity or security will play a major role in the ETF approval process.JPMorgan analysts projected that Solana ETFs could bring in between $2.7 billion and $5.2 billion, cumulatively, during their first months of trading.