As the first SFC-licensed firm in Hong Kong’s crypto industry, Victory Securities facilitates the trading of virtual assets and securities in a streamlined fashion.
Victory Securities achieved a significant milestone when it obtained the first license in Hong Kong to engage in cryptocurrency trading.
The Securities and Futures Commission (SFC) has authorized the venture to offer advisory and trading services pertaining to virtual assets to retail investors.
Victory Securities, which has a half-century-long history firmly anchored in Hong Kong, will play a pivotal role in forming Hong Kong’s crypto sector.
Victory Securities Discloses Strategic Initiatives
The Executive Director of Victory Securities, Mr. Chen Peiquan, conveyed his delight regarding the accomplishment.
He expressed his utmost pleasure in receiving recognition from the SFC once more, designating Victory the ‘first’ in this profound journey.
Following the China crypto crackdown, the recent evolution of crypto regulations in administrative regions of China is an extraordinary development.
Additionally, he elaborated that the achievements this year, which include numerous ‘firsts’ in the virtual assets field, position them to take the industry’s lead and amass invaluable operational experience.
However, utilizing its vast business expertise, the firm will be able to broaden investor options in compliant investments by reclaiming the ‘first’ designation.
The third quarter of this year witnessed an extraordinary increase in the volume of virtual asset transactions and the acquisition of new customers, according to data from Victory Securities.
This suggests that the demand for virtual asset trading services in Hong Kong is increasing.
The organization intends to implement various promotional strategies to entice fresh clientele to select secure and compliant virtual asset trading services.
The “Buying Stocks, Coins, Equally Simple” Plan
The implementation of the “Buying Stocks, Buying Coins, Equally Simple” strategy is one of the primary initiatives.
Customers are allowed to witness the seamless integration of virtual assets and securities services via the distinctive trading platform Victory Securities offers.
Beyond merely facilitating the trading of virtual assets, Victory Securities endeavors to establish a link between conventional finance and virtual assets to offer clients adaptable and practical asset allocation alternatives.
In addition to providing investment advice on virtual assets, the company intends to publish research reports on the subject for general investors.
Victory Securities’ commitment is to advancing investor education regarding virtual assets, actively promoting their widespread adoption, and fostering collaboration with regulatory authorities to establish Hong Kong as a secure, sustainable, and stable trading hub for virtual assets.
