Hong Kong-based ProDigital Future is going all in on crypto with a $100 million fund for digital asset investment. The fund will invest in early-stage and developing ventures, along with tech firms with ties to China. Hong Kong is ramping up its efforts to become a regional fintech hub, with a new fund aiming to […]
Hong Kong-based ProDigital Future is going all in on crypto with a $100 million fund for digital asset investment.early-stage and developing ventures, along with tech firms with ties to China.
The ProDigital Future Fund, led by venture partner Ben Ng and tech investor Curt Shi, has already secured $30 million in funding commitments from the likes of Sunwah Kingsway Capital Holdings Ltd. and Golin International Group Ltd. The fund expects to raise $100 million by the end of 2023.
A number of investors in Hong Kong are reportedly interested in participating in the digital economy, in addition to some Chinese family offices investing in Australia and Singapore, which are also looking to get involved.