Hongya Holdings to Raise $65 Million for Crypto Investments

Hongya Holdings plans a significant investment of 65 million HKD in cryptocurrency and Web3, aiming to acquire Bitcoin as a core part of their strategy. The move reflects a growing trend in Hong Kong’s financial sector, with many companies adding Bitcoin to their treasury reserves. This new funding will allow Hongya Holdings to capitalize on the potential of digital assets, including advancements in blockchain technology and decentralized applications (Web3).