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Huobi Group launches 4 crypto funds targeting $ 100 million in assets According to Cointelegraph


Huobi Group launches 4 crypto funds targeting $ 100 million in assets

Huobi Technology Holdings – part of the Huobi Group, which includes the Seychelles-based flagship cryptocurrency exchange Huobi Global – launched four digital money funds targeting $ 100 million in assets in November. 9, paving the way for wider organizational adoption.

The company says it has secured a $ 50 million commitment to the four funds, aiming to reach its total managed assets target by September. The funds will track the price of (BTC) and Ether (ETH).