According to Golden Finance, the Wanfang Family Office announced that the group's subsidiary Raffles Assets Management (HK), after obtaining approval from the Hong Kong Securities Regulatory Commission for its business plan changes and allowing the management of investment portfolios invested in virtual assets, has officially launched its first digital asset fund. It is reported that the open-end fund is denominated in US dollars and is only for subscription by professional investors. At this stage, it only focuses on a single asset, such as Bitcoin ETF.