HKVAX Secures VATP License, Positions Hong Kong as a Hub for STO and RWA ✅
On October 3, the Hong Kong Securities and Futures Commission updated its list of virtual asset trading platforms, officially granting #HKVAX , a platform under Hong Kong Virtual Asset Exchange Limited, a VATP license.
This makes HKVAX the third licensed virtual currency platform in Hong Kong. In addition to licenses for securities trading (Type 1) and automated trading services (Type 7), HKVAX will offer #OTC trading, a platform, and custodial services, with a focus on Security Token Offerings (STO) and Real-World Asset (RWA) tokenization. Co-founder and CEO Ng Wai Leung expressed the company’s ambition to make Hong Kong a leading center for STO and #RWA in Asia and globally, believing that this will inject new energy into traditional financial markets and increase asset liquidity, benefiting both fundraisers and investors.
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