According to Coindesk, Huaren Capital will soon join Libra, a campaign organized by crowdfunding. “I’m definitely going to take it seriously,” said Jeff Wang, CEO of Huaren Capital. “I’m excited about this project. Huaren Capital is an active participant on behalf of the emerging Chinese power.In 2009, the emergence of bitcoin gave a boost to the global financial system. In 2019, the emergence of Libra created by Facebook, once again opened the imagination of subverting the world’s monetary and financial system.It is also the first of many giant companies (Facebook, Amazon, Netflix and Google) to have a scrip program.My prediction is that in the next 24 months, almost every major company will have a similar token or some kind of project.”
Huaren Capital is the first Capital institution in the Philippines,originated from the local Chinese community and aims to reach Chinese in Southeast Asia and even all over the world, which is also committed to completing the ecological closed loop of decentralized financial services, providing services to hundreds of thousands of users in Asian-Pacific region, Europe and other regions. Huaren Capital has a professional investment team full of rich experience and distinctive characteristics. It adopts an integrated operation system with five key elements.
Meanwhile, Huaren Capital provides people all over the world with stable and diversified investment opportunities in the digital currency era, such as the mining fund based on Bitcoin mining.
In other words, Huaren Capital offers an extremely rare investment project with very low risk but rather high return. It is equipped with a clear operation logic and visible industry entity.
All the evidence of the massive premium on Chinese bitcoin trading suggests that Chinese investors use bitcoin as a hedge on their portfolios or as a vehicle to transfer money. Chinese investors are likely to play a role in driving up the price of bitcoin this year. Now RMB has recently fallen below 7 for the first time since 2008, if only 1 percent of Chinese deposits go into bitcoin, it could boost the total market value of cryptocurrencies by several times, with a conservative price of more than $20,000 by the end of the year.
Jeff Wang, CEO of Huaren Capital, who owns dozens of large-scale mining pools in China and overseas is one of the first investors in the world to engage in digital currency trading. He rose to the blockchain market in 2013 and has witnessed the development of digital currency.
Jeff Wang thinks that mining is a consistent source of revenue.
“We are investing in the right track and the key is to invest in good drivers. Mining is the best driver on the blockchain circuit and the best investment. For the investors who went into bitcoin in 2013, everyone made a killing. Looking back on the last blockchain investment cycle, 2013 is also in a phase of decline from the top. For now, mining pool funds are relatively stable and high-yielding investments.”
