Victory Securities will launch structured products for professional investors in virtual assets by the end of the year

ChainCatcher news, according to cryptonews, Hong Kong's cryptocurrency brokerage Victory Securities has announced plans to launch structured products for professional investors by the end of this year. Structured crypto products are designed to provide customized returns by leveraging the performance of a single cryptocurrency or a combination of multiple cryptocurrencies, helping investors pursue higher potential returns and achieve various objectives.

The brokerage announced that it has obtained regulatory approval from the Hong Kong Securities and Futures Commission. The company stated that this makes it the first licensed brokerage in Hong Kong to market and distribute cash-settled virtual asset structured products to professional investors.