Hundred-billion-level traditional industry capital—Hony Capital—is making a strategic move into Crypto and has chosen Websea as its entry point. For those familiar with traditional finance, this is definitely the most noteworthy “giant entering the field” in the past two years. What level is Hony at? In short: it is one of the most top-tier, core capital forces in China’s industrial chain. Its parent group is the one well-known throughout the industry.