Pacific Droplet Digital Asset Fund announces the launch of its third digital asset fund, focusing on Bitcoin investments
China Taiping Insurance Group's subsidiary, China Taiping Investment Management (Hong Kong) Limited, has obtained approval from the Hong Kong Securities and Futures Commission to invest in virtual assets. In April 2023, the company partnered with Waterdrip Capital to launch two funds focused on digital assets: Pacific Waterdrip Digital Asset Fund I (primarily investing in venture capital funds in the primary market) and PacificWaterdripDigital Asset Fund II (a proof-of-stake token income-enhancing fund). Additionally, Pacific Waterdrip Digital Asset Fund announced the launch of its third digital asset fund, focusing on Bitcoin (BTC) investments. The fund provides convenient deposit methods for qualified investors and institutions, supporting participation in the virtual asset market using USD, USDC, and USDT, particularly within the Bitcoin field.
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