Hong Kong-listed company Wealthink AI-Innovation Capital has invested in a hedge fund run by Tide Capital, an investment firm focused on bitcoin and bitcoin ecosystem investments.
Wealthink declared its investment in a voluntary statement on the Hong Kong Stock Exchange.
According to a press statement, Tide Capital, which was founded by Jasper Wu, researches macro and fundamental changes in the crypto market, to find “early opportunities to capture both beta and alpha”.
Wealthink said that the investment in Tide Capital’s hedge fund aims to enable deeper involvement in the digital asset and cryptocurrency markets.