Odaily Planet Daily News: Giant Network (002558.SZ) announced that its wholly-owned subsidiary Giant Investment signed a "Subscription Agreement" with DeFiance on May 10. Giant Investment intends to subscribe to DeFiance shares with its own funds of US$1 million and become its shareholder. DeFiance has entrusted DF Capital Management Pte. Ltd. ("DF Capital") to manage it. The fund's investment direction: digital assets, decentralized technologies and infrastructure in the field of Internet 3.0. DeFiance Capital announced in March that it had completed the "eight-digit" fund raising. Its investment cases include projects such as dYdX, Lido, ConsenSys, and Secret Network. (Grones)
