Re7 Labs disclosed receiving up to $10 million in funding from Hong-Kong based VMS Group, a prominent family office managing about $4 billion, marking their first significant investment into crypto assets.

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Hong Kong’s VMS Group, a prominent family office managing wealth for some of the city’s elite, is committing up to $10 million into Re7 Capital. This marks the firm’s first significant entry into crypto assets, reinforcing the appeal of DeFi projects that combine yield generation with risk management.

Re7 Labs recently secured up to $10 million in funding from Hong Kong family office VMS Group, which manages about $4 billion and is entering crypto for the first time.