ChainCatcher news, according to the AMINA Group official website, China Pacific Insurance Group (CPIC)'s subsidiary China Taiping Investment Management (Hong Kong) (CPICIMHK) has reached a strategic cooperation with the Switzerland-based AMINA Group, aiming to bridge the traditional finance and cryptocurrency worlds in the Asia-Pacific region. Both parties will provide investment consulting and banking services for the Pacific Waterdrip Digital Asset Funds, targeting early blockchain projects and proof-of-stake digital assets.

ChainCatcher News, China Pacific Insurance Group's China Taiping Investment Management (Hong Kong) Co., Ltd. ("Taiping Asset Management Hong Kong") announced that its existing Type 1 (dealing in securities) and Type 4 (advising on securities) regulated businesses have been approved for upgrade by the Hong Kong Securities and Futures Commission. Effective immediately, Taiping Asset Management Hong Kong can provide distribution and investment advisory services for funds with a virtual asset investment ratio exceeding 10%.This upgrade marks an important step for Taiping Asset Management Hong Kong in advancing into the virtual asset field while adhering to compliance and regulatory requirements. With the completion of the above license upgrade, Taiping Asset Management Hong Kong will continue to delve into various aspects of the virtual asset-related field, including fund distribution and investment advisory services, empowering virtual asset projects, and collaborating with trusted partners to contribute to Hong Kong becoming a sustainable and responsibly developed virtual asset center, forming a virtual asset ecosystem, and paving the way for the large-scale application of Web3.

ChainCatcher News: China Pacific Insurance Investment Management (Hong Kong) Co., Ltd. has partnered with Waterdrop Capital to launch two digital asset funds, namely Pacific Waterdrip Digital Asset Fund I (Venture Capital Fund) and Pacific Waterdrip Digital Asset Fund II (POS Token Yield Enhancement Fund). The main target investors include institutional investors such as corporations and family offices, as well as high-net-worth individual investors. This collaboration on digital asset funds aims to leverage the expertise of both institutions to provide investors with compliant and risk-controlled digital asset fund products.It is reported that China Pacific Insurance Investment Management (Hong Kong) Co., Ltd. holds the Hong Kong Securities and Futures Commission's Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses. (Source link)

ChainCatcher news, according to Caijing.com, China Pacific Insurance Suzhou Branch has launched the country's first digital currency account fund loss insurance product in collaboration with Bank of Communications Suzhou Branch, and has issued the first policy.According to the insurance product plan, during the coverage period, if the funds in a personal digital RMB wallet are stolen, or if the password is compromised, resulting in a financial loss, insurance compensation can be obtained. (Source link)