🚀 Hong Kong's Derlin Holdings Subsidiary Gains Approval for Virtual Asset Advisory Services
#HongKong #DerlinHoldings #VirtualAssetAdvisory #SecuritiesAndFuturesCommission #Type4License #ProfessionalInvestors #Tokenization #VirtualAssetTrading #DerlinSecurities #SFC #LicenseUpgrade
According to ChainCatcher, Hong Kong-listed Derlin Holdings announced that its subsidiary, Derlin Securities (Hong Kong) Limited, received conditional approval from the Hong Kong Securities and Futures Commission (SFC) on January 15 to offer virtual asset advisory services. This approval allows the company to upgrade its existing Type 4 license, which permits advising on securities.
Under the conditions of the approval, Derlin Securities can only provide these advisory services to professional investors who are existing clients of its Type 4 business. Additionally, Derlin Securities had previously been approved to upgrade its Type 1 license for dealing in securities.
Derlin Holdings stated that it expects to officially launch virtual asset trading services in February, following the completion of system integration and testing with SFC-licensed platforms. This license upgrade is intended to support the group's strategic focus on the tokenization of virtual and real-world assets.#HongKong #DerlinHoldings #VirtualAssetAdvisory #SecuritiesAndFuturesCommission #Type4License #ProfessionalInvestors #Tokenization #VirtualAssetTrading #DerlinSecurities #SFC #LicenseUpgrade
🚀 Alchemy Pay and HTF Securities Collaborate on License Upgrade
#AlchemyPay #HTFSecurities #cryptocurrency #payment #HongKongSFC #virtualassets #licenseupgrade #Type4License #Type1License #Type9License #ACH
Alchemy Pay, a cryptocurrency payment company, has partnered with HTF Securities Limited, a licensed entity under the Hong Kong Securities and Futures Commission (SFC), to complete an upgrade of the SFC's Type 4 license for virtual assets. According to Foresight News, this development builds on Alchemy Pay's previous strategic investment in HTF Securities. The two companies will also collaborate on applications for upgrading the virtual asset business under Type 1 and Type 9 licenses.#AlchemyPay #HTFSecurities #cryptocurrency #payment #HongKongSFC #virtualassets #licenseupgrade #Type4License #Type1License #Type9License #ACH