According to Odaily Planet Daily, LD Capital, Antalpha Ventures, and Highblock recently jointly announced the establishment of a HK$1 billion Hong Kong ETF liquidity fund in Hong Kong to provide market maker services for Hong Kong ETFs. This is the first ETF liquidity fund in Hong Kong, which aims to improve the liquidity of Hong Kong ETFs, increase the efficiency of capital inflows and outflows, and reduce the price volatility risk and transaction risk caused by liquidity problems. LD Capital is a digital asset fund for primary and secondary investment and trading in the blockchain field, with cumulative investments in more than 300 blockchain companies. Antalpha Ventures is a financial service platform under Bitmain, a digital asset mining machine manufacturer. Highblock Limited was founded by executives of a former large international digital asset trading platform. Its team has more than ten years of quantitative trading experience in the blockchain field and has a Hong Kong digital asset quantitative trading compliance license. The Hong Kong ETF was approved by the Hong Kong Securities and Futures Commission. The first batch of 6 ETFs opened on April 30, with a total transaction volume of nearly HK$100 million on the first day, reaching HK$99.4 million.
