Hong Kong-based fund to raise $100 million for Web3 startups in City’s crypto makeover

A new Hong Kong-based fund will raise $100 million to invest in cryptocurrency companies, as the city accelerates its goal of becoming a global cryptocurrency hub with a friendlier regulatory stance. ProDigital Future Fund has secured $30 million in investment commitments from major Asian investment firms, including Sunwah Kingsway Capital Holdings and Golin International Group, Bloomberg reported on Thursday. #crypto2023 #Web3 #BNB