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#Blue Harbor Interactive Group Announces Establishment of LK Venture for Crypto Investment

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According to reports, Hong Kong listed company Blue Harbor Interactive Group (08267. HK) announced the restructuring of the Consensus Lab, a crypto investment and research institut

#Blue Harbor Interactive Group Announces Establishment of LK Venture for Crypto Investment

According to reports, Hong Kong listed company Blue Harbor Interactive Group (08267. HK) announced the restructuring of the Consensus Lab, a crypto investment and research institution, and officially established LK Venture in Hong Kong to enter the Web3 industry. LK Venture will establish primary and secondary market funds respectively, and Blue Harbor Interactive will collaborate with multiple institutions to participate as cornerstone investors.

Hong Kong listed company Blue Harbor Interactive established LK Venture in Hong Kong

Blue Harbor Interactive Group, a Hong Kong-listed company, has made a major announcement regarding the structuring of their Consensus Lab. The crypto investment and research institution will be officially restructured and converted into a new entity known as LK Venture. This move represents the company’s foray into the growing Web3 industry, with the establishment of primary and secondary market funds respectively. Additionally, Blue Harbor Interactive intends to collaborate with multiple institutions and participate as cornerstone investors.
##History of Blue Harbor Interactive Group
Before delving into the restructuring of Consensus Lab and establishment of LK Venture, it is important to understand the history of Blue Harbor Interactive Group. The company was founded in 2002 and has been listed on the Hong Kong Stock Exchange since 2007. They are primarily focused on the development and publishing of online games, as well as the creation of mobile games and applications. They have also made notable investments in various fields such as the health sector and social media.
##Understanding Consensus Lab
Consensus Lab was established by Blue Harbor Interactive Group back in 2017, with the aim of investing and researching new blockchain projects. The institution is known for its significant investment in projects like NEO, Wanchain, and Ontology, providing guidance to blockchain-based startups.
##The Restructuring of Consensus Lab
With the exponential growth of the Web3 industry in recent times, Blue Harbor Interactive Group has decided to restructure Consensus Lab. The institution will now be converted into LK Venture, which will focus on investing in new blockchain-based projects. Additionally, LK Venture will establish primary and secondary market funds respectively, providing investors with an opportunity to invest in the cryptocurrency market.
##Establishment of Primary and Secondary Market Funds
One of the major aims of LK Venture is the establishment of primary and secondary market funds. These funds are created to provide investors with a range of investment options in the crypto space. Primary market funds involve the initial investment in a new cryptocurrency, while secondary market funds provide investors with the opportunity to invest in already established cryptocurrencies.
##Collaboration with Multiple Institutions
Blue Harbor Interactive Group has also announced its intention to collaborate with several institutions, participating as a cornerstone investor. This collaboration is a strategic move that will help to strengthen the new venture and allow for greater opportunities for profitable investments in the crypto space.
##Conclusion
The announcement by Blue Harbor Interactive Group regarding the restructuring of Consensus Lab and establishment of LK Venture is a significant development in the crypto industry. The creation of these market funds provides investors with a unique opportunity to invest in the cryptocurrency space. Meanwhile, the collaboration with multiple institutions underscores the company’s commitment to creating a strong presence in the industry. This is a positive development that will further drive the growth of Web3 industry.
##FAQs
Q: When was Blue Harbor Interactive Group founded?
A: Blue Harbor Interactive Group was founded in 2002.
Q: What is LK Venture?
A: LK Venture is a new entity created by Blue Harbor Interactive Group to invest in new blockchain-based projects.
Q: What are primary and secondary market funds?
A: Primary market funds involve the initial investment in a new cryptocurrency, while secondary market funds provide investors with the opportunity to invest in already established cryptocurrencies.

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