Guoxiong Capital: Invests 200 million yuan to布局 Web3.0 and cryptocurrency asset领域

ChainCatcher news, Guoxiong Capital Co., Ltd. announced today that it will fully enter the Web3.0 and cryptocurrency asset fields. Guoxiong Capital Chairman Yao Shangkun stated that he is optimistic about the long-term strategic value of Bitcoin and crypto assets, believing that this field aligns with the global financial development trend and holds enormous growth potential. The company has been approved for a special budget of 200 million yuan to develop related businesses and invest in crypto assets over the next three years.

According to public information, Guoxiong Capital Co., Ltd. was established on September 24, 2019, headquartered in Huangdao District, Qingdao City, Shandong Province. It is a venture capital institution focused on high-tech industry investments. As of 2024, the company manages a fund size of 2.87 billion yuan, focusing on emerging fields such as artificial intelligence, blockchain, biomedicine, and new energy.