Odaily Odaily reports that Futu Holdings announced that its wholly-owned virtual asset trading platform, Cheetah Trading (Hong Kong) Limited, has obtained full licensing and will soon be fully integrated with its Hong Kong retail brokerage, Futu Securities, providing virtual asset trading matching, asset custody, and technical solutions support. Cheetah Trading is Hong Kong's first licensed and compliant virtual asset trading platform incubated by a brokerage firm. Its deep integration with Futu Securities will create Hong Kong's first comprehensive financial services platform simultaneously licensed for securities brokerage and virtual asset exchange operations.
In addition, Futu plans to study incorporating virtual asset holdings into a unified purchasing power calculation system under regulatory guidance, and launch cross-asset margin trading to enable cross-asset flow and leverage of funds between traditional finance and the crypto market.
Zeng Yuchao, Managing Director of Futu Group, said that with the deep integration of its self-built compliant virtual asset exchange, Futu is accelerating its transformation into a bridge connecting traditional finance and virtual assets. It will adhere to compliance and security standards and continue to promote the coordinated development of traditional finance and virtual assets.
