On December 14, 2024, HVA Investment Joint Stock Company announced the profit results from the strategic cooperation with ETH Capital, a prominent blockchain platform in Vietnam. This cooperation not only strengthens HVA's position in the technology and investment field but also contributes to promoting the development of the domestic blockchain industry, especially in the field of decentralized applications (dApp).
Cooperation information and investment results
- Total investment Capital: HVA has invested a total of VND 10,000,000,000 in ETH Capital with the goal of developing advanced blockchain technology solutions.
- Rate of return (APY): The committed profit rate is 5%/year for the first three years, ensuring a stable and sustainable source of income.
- Net Asset Value (NAV): Currently, the net asset value reaches 17,684,441,348 VND, an increase of 76,84% compared to the initial investment capital.
Expected and actual profits received
- Expected profit: The total expected profit from the investment is 500 million VND, divided equally every month until September 2025.
- Actual profit: As of October 1, 2024, HVA has received a total of VND 83,561,643 (Eighty-three million five hundred sixty-one thousand six hundred forty-three VND) from this investment, a figure that demonstrates the initial success of the partnership.
ETH Capital is known for its ability to develop highly practical decentralized applications (dApps), attracting great interest from investors. The platform not only focuses on transparency and efficiency but also ensures the increase of asset value for partners and investors.
With strong development, ETH Capital has demonstrated its potential in creating a diverse and sustainable blockchain ecosystem, contributing to enhancing the position of blockchain technology in the Vietnamese market.
Cooperation between HVA and ETH Capital not only bring financial benefits but also demonstrate HVA's commitment to promoting the development of blockchain technology in Vietnam. HVA affirms that it will continue to accompany ETH Capital in developing outstanding products and services, contributing to the sustainable development of the blockchain ecosystem.
HVA aims to continue to accompany ETH Capital in developing superior technology solutions, expanding cooperation opportunities and actively contributing to the sustainable development of the blockchain ecosystem in Vietnam. This strategy clearly demonstrates HVA's commitment to building long-term value and affirming its position in the digital technology market.
