Hong Kong listed company Noah Holdings launched a $5 million private sale fund for stablecoin lending and increasing Bitcoin holdings.

robot
Abstract generation in progress

According to Techub News, as disclosed in the Hong Kong Stock Exchange documents, the Hong Kong-listed company Noah Holdings (stock code: 6686) has launched a 5 million USD private sale debt digital income fund, aiming to allocate funds using a risk-controlled private sale debt strategy while obtaining controlled and auxiliary risk exposure to the digital asset ecosystem within the limits allowed by the fund documents, in order to achieve diversified allocation and capacity building.

The investment objective of the fund is to achieve a balance between yield acquisition and capital appreciation through a bidirectional allocation strategy. This strategy involves: ( i ) lending US dollar-pegged stablecoins to institutional counterparties and ( ii ) reinvesting part of the generated proceeds into Bitcoin. This strategy aims to provide stable short-term returns while offering investors exposure to the long-term potential appreciation of digital assets.

BTC1.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)