Tianfeng Securities' subsidiary has obtained a third-class license for virtual assets in Hong Kong, allowing it to provide virtual asset trading services
ChainCatcher news, Tianfeng Securities stated on the interactive platform that its wholly-owned subsidiary Tianfeng International Securities and Futures Co., Ltd. has been approved by the Hong Kong Securities and Futures Commission to obtain the third type of license related to virtual assets, allowing it to provide virtual asset trading services through a comprehensive account arrangement.
It is reported that the virtual asset-related licenses from the Hong Kong Securities and Futures Commission include the following categories: operating virtual asset trading platforms, managing investment portfolios with over 10% in virtual assets, providing virtual asset trading services through comprehensive account arrangements, offering advice on virtual assets, and acting as an introducing agent for virtual asset trading platforms. The approval of the third type of license will further promote Tianfeng Securities' development in the field of virtual assets.