Guoxiong Capital Co., Ltd., a private equity firm based in Qingdao, China, has formally announced its strategic entry into the Web3.0 and cryptocurrency space with a dedicated investment budget of 200 million yuan ($27.9M).
The news was first reported by Sina Finance and confirmed by the company’s chairman, Yao Shangkun, at the 2025 Hong Kong Blockchain Summit.
The move marks a significant milestone for Guoxiong Capital, as it transitions from traditional investment sectors into the rapidly evolving digital asset and blockchain industry.
Chairman Yao Shangkun Emphasizes Confidence in Bitcoin and Crypto Assets
In his official statement, Chairman Yao Shangkun expressed strong confidence in the long-term value of Bitcoin and the broader crypto asset market.
He highlighted that this strategic shift aligns with global financial development trends, particularly the increasing digitization of financial instruments and cross-border value transfer systems.
According to Yao, cryptocurrencies represent not just a financial asset class but also the foundation of future decentralized economic infrastructure.
His remarks reflect a growing sentiment among institutional investors who now view crypto as a legitimate long-term portfolio component.
Three-Year Investment Plan to Develop Web3 Infrastructure and Services
With a clear vision in place, Guoxiong Capital plans to utilize its $27.9 million fund over the next three years to build and invest in businesses operating within the Web3.0 ecosystem.
The development includes decentralized applications (dApps), blockchain infrastructure, crypto wallets, NFT platforms, and tokenized asset services.
The company aims to position itself as a leading player in China’s digital economy transformation by nurturing innovation in both the consumer and institutional segments of the Web3 market.
It also intends to collaborate with tech startups and blockchain developers to accelerate product development and market adoption.
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Expansion to Hong Kong for Global Digital Asset Management Presence
In addition to its domestic plans, Guoxiong Capital will invest 300 million Hong Kong dollars ($38.2M) to establish a digital asset management firm in Hong Kong and another undisclosed international location.
The global expansion highlights the firm’s intent to operate across regulatory environments and engage in cross-border asset management.
Hong Kong, with its progressive crypto policies and proximity to mainland China, offers an ideal launchpad for Guoxiong’s offshore crypto ambitions.
The firm is expected to target both high-net-worth individuals and institutional investors seeking exposure to digital assets through regulated, professionally managed channels.
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A Broader Shift in China’s Financial Outlook Toward Digital Assets
Guoxiong Capital’s entry into crypto represents a broader shift in China’s financial industry.
In this case, private equity firms and family offices are increasingly acknowledging the growth potential of blockchain and Web3 technologies.
While regulatory uncertainty still looms in mainland China, firms like Guoxiong are finding ways to participate in the global digital economy through offshore structures and strategic international partnerships.
If successful, Guoxiong’s move could pave the way for other Chinese investment firms to follow suit, signaling a gradual and calculated embrace of the digital finance revolution.