Hong Kong Frontier Capital attracted seven traditional financial institutions to invest in its first month of open fundraising

 Fore Elite Capital, a well-known licensed virtual asset hedge fund management company in Hong Kong, announced that since the launch of its flagship fund for open fundraising on May 1, the expected growth in assets under management (AUM) for the first month is 20%. Investors include seven traditional financial institutions such as local private banks in Hong Kong, parent funds, and family offices. The company stated that the fundraising progress far exceeded expectations, reflecting that traditional funds are accelerating their recognition of compliant licensed virtual asset allocation opportunities with long-term performance.