Chinese consumer lending platforms are diversifying into overseas markets and cryptocurrency investments as domestic revenues and lending volumes decline. Platforms like Lexin and Yiren Digital are expanding into Southeast Asia and Latin America, while Vcredit Holdings has been investing in the blockchain sector. In 2024, Vcredit acquired a 15% stake in cryptocurrency exchange Thousand Whales Technology (BVI) and invested HKD 23.95 billion in EXIO Group, a licensed virtual asset trading platform in Hong Kong.