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NY Times Worldwide Currencies Tumbles, Except Bitcoin
Hong Kong Crypto Revival: $100M Fund Stirs Controversy

Hong Kong investors are making a bold statement in the world of cryptocurrency as they launch a controversial $100 million fund named ProDigital Future. This fund, targeting early-stage Web3 companies in the region, marks Hong Kong’s re-emergence as a key player in the digital industry. A Bloomberg report dated March 30 revealed that ProDigital Future has successfully amassed around $30 million in funds during its half-year fundraising period. However, the ambitious investors have set their sights on raising a staggering $100 million by the end of 2023. The fund is spearheaded by Ben Ng, a partner at Hong Kong-based equity