On June 24, Guotai Junan International (1788.HK) announced that it was officially approved by the Hong Kong Securities and Futures Commission on June 24 to upgrade its existing securities trading license to provide virtual asset trading services and related advice. After the upgrade, customers can directly trade cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like USDT on its platform.
Guotai Junan International has thus become the first Hong Kong-based Chinese securities firm to offer comprehensive virtual asset-related trading services, covering virtual asset trading, consulting, and related product issuance and distribution. In recent years, the company has continuously expanded its virtual asset business, including launching virtual asset ETF structured products, conducting trading platform agency business, and issuing digital bonds, actively helping Hong Kong build an international virtual asset center.
