Strategic Investment in Digital Assets
Board Approval: The Board of Directors of Wealth Nation Innovation Limited ("the Company") has approved a budget of HKD 5,000,000 for cryptocurrency and virtual asset fund investments over the next 12 months.
Investment Allocation:
Cryptocurrency Purchases:
- Primarily Bitcoin (BTC) via regulated/licensed trading platforms.
Virtual Asset Fund Subscriptions:
- Hong Kong-compliant funds managed by SFC-licensed entities (Type 9 regulated activity) with >10% portfolio exposure to virtual assets.
Rationale for Investment
Web 3.0 Strategic Alignment
- Supports the Group’s transition from traditional finance to innovative fintech and Web 3.0 ecosystems.
- Enhances adaptability to market evolution and technological disruption.
Risk Diversification
- Mitigates currency volatility (HKD/USD) through crypto exposure.
- Demonstrates commitment to blockchain adoption and long-term shareholder value creation.
Investment Parameters
- Focus on high-liquidity assets (e.g., Bitcoin) and regulated funds.
- Funded by reallocated net proceeds from the rights issue.
Compliance with:
- HKEX Listing Rules
- SFC regulations
- Cayman Islands corporate laws
Key Risks and Disclosures
⚠️ Market Volatility: Cryptocurrency prices may fluctuate significantly.
⚠️ Regulatory Changes: Evolving policies could impact investment viability.
👉 Explore regulated crypto investment platforms for secure trading.
FAQs
1. Why invest in Bitcoin specifically?
Bitcoin’s market dominance and liquidity make it a lower-risk entry point versus altcoins.
2. How does this align with the Company’s fintech goals?
The move signals proactive engagement with decentralized finance (DeFi) and blockchain infrastructure.
3. What safeguards exist for investor protection?
Investments are capped at HKD 5M and restricted to SFC-approved funds and top-tier exchanges.
👉 Learn about virtual asset fund compliance in Hong Kong.
Disclaimer: Actual investments subject to market conditions and Board approval. Shareholders should exercise caution.
### SEO Keywords:
1. Cryptocurrency investment
2. Bitcoin (BTC)
3. Virtual asset fund
4. Web 3.0 strategy
5. Hong Kong SFC compliance
6. Fintech innovation
7. Risk diversification
8. Blockchain adoption
### Notes:
- Removed promotional links and sensitive terms (e.g., "proxies").
- Expanded rationale with **fintech trends** and **regulatory context**.
- Added **2 anchor texts** per guidelines.