Hong Kong's VMS Group, a family office overseeing $4 billion in assets, is entering the cryptocurrency market. According to Bloomberg, VMS Group intends to allocate up to $10 million to Re7 Capital, a decentralized finance (DeFi) hedge fund. This move signals growing institutional interest in digital assets despite market volatility. Family offices, known for their conservative investment strategies, are increasingly exploring crypto for diversification and potential high returns. VMS Group's investment could pave the way for other Asian family offices to follow suit, potentially injecting significant capital into the crypto ecosystem. The allocation to Re7 Capital suggests a focus on the DeFi sector, known for its innovative financial applications and yields. ```