Victory Securities Pioneers Retail Virtual Asset Trading in Hong Kong

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Victory Securities, a prominent Hong Kong brokerage firm with a half-century legacy, has taken a bold step forward in the realm of virtual assets by becoming the first licensed entity in Hong Kong authorized to provide retail investors with virtual asset trading and advisory services. The Securities and Futures Commission (SFC) has bestowed upon Victory Securities the coveted A license, marking a historic first for the firm and a watershed moment for Hong Kong’s virtual asset trading landscape.

Uniting Virtual and Traditional Finance

By securing the SFC’s A license, Victory Securities has opened up a gateway for retail investors to engage in the rapidly expanding virtual asset market in a compliant and secure manner. This landmark decision not only highlights Victory Securities’ commitment to innovation but also paves the way for a more integrated financial ecosystem that encompasses both traditional assets and virtual assets.

Focus on Virtual Asset Trading Services

The growing demand for virtual asset trading services is evident in Victory Securities’ own data. During the third quarter of this year, the company witnessed a staggering threefold increase in both virtual asset transactions and new customer acquisition compared to the previous quarter. This surge in demand underscores the growing appetite among investors for virtual asset investment opportunities.

Enhancing Virtual Asset Trading Compliance and Security

To encourage retail investors to embrace compliant and secure virtual asset trading practices, Victory Securities has devised a strategy that includes attractive discounts for new customers. Additionally, the company is set to launch a user-friendly solution, aptly named “Buy stocks and coins, just as easy.” This innovative platform will provide investors with a seamless experience, allowing them to seamlessly navigate between virtual assets and securities through a single interface.

Vision for the Future of Virtual Asset Trading

Victory Securities envisions a future where traditional finance and virtual assets seamlessly coexist, empowering investors with the flexibility to allocate assets according to their risk tolerance and investment goals. To achieve this vision, the company will continue to provide comprehensive investment advice and research reports on virtual assets, catering to the evolving needs of general investors

In collaboration with regulatory agencies, Victory Securities will tirelessly contribute to the development of a robust regulatory framework for virtual asset trading. The company’s unwavering commitment to compliance and investor protection will undoubtedly play a pivotal role in establishing Hong Kong as a preeminent virtual asset trading hub, characterized by stability, security, and sustainable growth.