Guoxiong Capital announced its entry into the Web 3.0 and crypto asset fields, setting up a special budget of 200 million yuan

Guoxiong Capital Co., Ltd. officially announced its full entry into the field of Web3.0 and cryptocurrency assets, becoming another investment institution that actively embraces the future of digital assets. Yao Shangkun, chairman of the company, said that he is firmly optimistic about the long-term strategic value of Bitcoin and related crypto assets, and believes that this field fits the structural trend of global financial development and has great growth potential.

It is reported that the board of directors of Guoxiong Capital has passed a special resolution to approve the establishment of a development budget of RMB 200 million to carry out related businesses, explore Web3 investment opportunities, and allocate crypto assets when the opportunity arises in the next three years. Yao Shangkun pointed out that this move is not only an expression of confidence in the long-term logic of the industry, but also an important part of the company's accelerated strategic transformation and improved asset portfolio diversification.

According to the data, Guoxiong Capital was established in 2019 and is headquartered in Huangdao District, Qingdao, Shandong. It is a venture capital institution focusing on high-tech industry investment, focusing on artificial intelligence, blockchain, biomedicine, new energy and other cutting-edge fields. As of 2024, the company's managed fund size has reached RMB 2.87 billion, with rich industrial resources and investment research capabilities.

The announcement of entering the Web3 track means that Guoxiong Capital will further unleash its advantages in the field of technology investment in the digital asset ecosystem. In the future, as regulatory policies gradually become clearer and infrastructure continues to improve, the institutionalization trend of the crypto market is expected to accelerate further, and Guoxiong Capital's move has also injected new confidence and motivation into the industry.