China Renaissance Capital Announces $100 Million Entry into Web3.0 and Cryptocurrency Fields
On the evening of June 26, 2025, China Renaissance Holdings Limited announced that its board of directors has resolved to enter the Web3.0 and cryptocurrency asset fields, approving a budget of $100 million to be used over the next two years for the group's development of Web3.0 business and investment in cryptocurrency assets.
China Renaissance believes that Web3.0 and crypto assets have enormous growth potential and align with global financial and business development trends. This investment will be funded by internal resources and cash reserves of the group and will be executed prudently based on market dynamics, while adhering to the relevant disclosure requirements for cryptocurrency asset investments under the listing rules of the Hong Kong Stock Exchange.
In fact, China Renaissance has previously made moves in the crypto world, such as investing in Circle in 2018, assisting Canaan Creative with its listing in the U.S. in 2019, and investing in Amber Group in 2021. This announcement marks its formal large-scale entry into the field, aiming to increase investment in stablecoins, RWA, and the entire cryptocurrency ecosystem, and actively expand the application and upgrading of related business licenses. #Web3.0 $BTC