Thunder Overseas Corporation wants to raise $100 million to set up a fund to invest in blockchain technology, business models and digital assets

According to CryptoNinjas, Thunderbolt is preparing to set up an independently operated fund, which plans to raise $100 million, focusing on investments in innovative blockchain technology, blockchain business models and digital assets. As the fund is still in the preparatory stage, Thunder has not announced more news. In addition, the fund's operating entity is Xunlei Overseas Company, which is registered in the Cayman Islands, Xunlei Co., Ltd., rather than Shenzhen Xunlei Network Technology Co., Ltd. in China. The report mentioned that the fund will adopt an independent operation mode, and its establishment and specific investment are not directly related to Thunder’s domestic business.