China's Gaorong Ventures Pours $30 Million into Prominent Crypto Unicorn

In a significant move that underscores the growing interest in cryptocurrency and blockchain technology in China, Gaorong Ventures, a leading investment firm, has announced a substantial investment of $30 million in a prominent crypto startup, now classified as a "unicorn." This infusion of capital not only reinforces Gaorong's commitment to emerging technology sectors but also highlights the resilience of the cryptocurrency market amidst ongoing regulatory challenges.

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