Kaiying Network's Hong Kong subsidiary has been granted licenses 4 and 9 by the SFC, accelerating its global expansion

ChainCatcher news, according to official sources, Kaiying Network's wholly-owned subsidiary Spruce Technology HK Limited has obtained the No. 4 (Securities Advisory) and No. 9 (Asset Management) licenses issued by the Hong Kong Securities and Futures Commission (SFC), marking an important breakthrough in its globalization strategy. In the future, Kaiying Network will leverage its strong international compliance capabilities to accelerate the expansion into global markets.

At the same time, the AI full-process game development platform Kingnet AI, developed by SmileCobra Studio and supported by Kaiying Network's technology, will assist in the innovative development of game content creation, gameplay generation, and economic system design.

SmileCobra Studio will also actively layout in the fields of virtual asset management, AI collaboration tools, and Web3 game innovation. This licensing achievement demonstrates Kaiying Network's compliance strength, laying a solid foundation for building a trustworthy global gaming ecosystem and promoting the global commercialization process.