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