Zhou Dafu's founder grandson established the ALMAD Group, with investment focus on digital and virtual assets

BlockBeats News, September 21st. Zheng Zhigang, the great-grandson of the founder of New World Development and Chow Tai Fook Group, has gradually resigned from several family businesses since last year. He has now announced the establishment of Almad Group, a comprehensive enterprise group that will focus on Web3 financial innovation. The group will explore investments in areas such as digital assets, Real-World Asset (RWA) tokenization, and will also explore the application of blockchain technology and immersive digital experiences in various industries.