TechFlow news, the hedge fund under Tide Capital has received investment from a subsidiary of Guofu Innovation, a Hong Kong-listed financial company holding full licenses. The specific amount has not been disclosed. Guofu Innovation holds SFC licenses No. 1, 4, 6, and 9.
Jasper Wu, founder of Tide Capital, stated that Hong Kong recently approved spot Bitcoin and Ethereum ETFs, marking digital assets' official entry into mainstream financial markets. This not only signifies a transformative milestone in the financial industry but also holds the potential to attract tens of billions of dollars in new capital.
Through this investment, Tide Capital will deepen collaboration with Guofu Innovation to actively expand compliant digital asset trading and investment, aiming to achieve market-competitive returns.
