Internet reports that a Hong Kong wealth management company that manages funds for local billionaires will start investing in cryptocurrencies. As Hong Kong's regulatory policies on digital assets become increasingly loose, it is attracting a wider range of investors to enter this field. VMS Group is a joint family office with nearly $4 billion in assets under management. According to Elton Cheung, managing partner of VMS, in an interview, the company plans to allocate up to $10 million in strategic allocation to decentralized financial hedge fund Re7 Capital. He added that the specific allocation amount has not yet been finalized.