AMTD Pioneers Crypto in Liquid Funds for Growth
AMTD IDEA Group is making a strategic move by integrating cryptocurrencies into its liquid funds, marking a significant shift in its investment approach. The group, which includes subsidiaries AMTD Digital Inc. and The Generation Essentials Group (TGE), announced that digital assets will now be a key component of its liquid funds, with an initial allocation of approximately USD240 million. This initiative is expected to position AMTD IDEA Group at the forefront of digital asset adoption in the financial sector. TGE, in particular, will focus on cryptocurrency-related opportunities, especially in the tokenized crypto assets segment, with the aim of leveraging these assets to boost growth in media, entertainment, and hospitality sectors….
