Stepping into the digital asset arena, LD Capital, Antalpha Ventures, and Highblock have jointly unveiled Hong Kong's first-ever ETF liquidity fund worth $1 billion HKD, equivalent to approximately $128 million USD. This innovative fund has been carefully crafted to provide market-making services to Hong Kong's ETFs, with the primary goal of enhancing liquidity, optimizing capital flow efficiency, and mitigating the risks associated with liquidity fluctuations and market volatility.

By combining the collective expertise of these three renowned entities, the fund signifies a fusion of knowledge and skills. LD Capital, recognized for its investments in a diverse range of blockchain enterprises, currently oversees a sizable portfolio comprising over 300 blockchain companies. Antalpha Ventures, an affiliate of Bitmain, a leading global player in digital asset mining hardware, contributes valuable industry insights to the partnership. On the other hand, Highblock Limited, led by former executives from major international digital asset trading platforms, brings a wealth of experience in blockchain quantitative trading spanning more than a decade. According to the official announcement, the company is licensed in Hong Kong for digital asset quantitative trading and offers specialized services in quantitative trading and portfolio management.

The ETF liquidity fund extends its market-making services to six ETFs greenlit by the Hong Kong Securities and Futures Commission. Among these are the Bitcoin and Ethereum spot ETFs managed by ChinaAMC, Harvest Global, and Bosera International. These ETFs were introduced on April 30th with an impressive total trading volume of $99.4 million HKD, signaling robust investor interest and demand.

This strategic partnership marks a significant milestone in strengthening Hong Kong's ETF market infrastructure. The liquidity fund aims to instill greater confidence among investors, enhance market resilience, and solidify Hong Kong's standing as a nucleus of financial innovation, laying the foundation for future developments and advancements within the region's financial domain.

Through this collaborative effort, LD Capital, Antalpha Ventures, and Highblock are poised to make a lasting impact on the digital asset landscape in Hong Kong, setting a precedent for future initiatives and ushering in a new era of financial dynamism in the region.