Virgo Group CEO Adam Cai has announced the company's strategic shift from traditional finance to Web3, focusing on a dual-engine approach. This strategy integrates VirgoPay stablecoin payments with Wallet V, a decentralized wallet, to create a comprehensive on-chain financial service system. Cai emphasized the importance of ensuring user safety and compliance before expanding into decentralized finance capabilities. Wallet V, which has already achieved over $100 million in monthly transaction volume, aims to simplify access to DeFi and minimize user friction. Additionally, Virgo Group has launched a low-cost token launchpad on Hyperliquid and introduced a VPoints system to incentivize active users.