According to online reports, Shi Ziyuan, head of proprietary investment at Huaxing Capital, said that the adoption of Digital Assets Declaration 2.0, the "Stable Coin Ordinance" and licensing guidelines will help attract more mainstream institutions, high-quality capital and innovative companies to enter the market. Previously, Huaxing Capital has invested in Circle Internet Group, and he revealed that Huaxing Capital is applying to expand the Hong Kong Securities Regulatory Commission Licences No. 1, 4, and 9 to the coverage of digital assets business.