Tai Chi Capital Group's HKbitEX has obtained multiple licenses to form a compliant new ecosystem. As a leader in RWA, it reserves many innovative projects, shaping a new landscape in digital finance through tokenized assets.
Article author, source: Tai Chi Capital Tykhe Capital
Green light to proceed, full license platform fully launched
On December 18, 2024, HKbitEX, a wholly-owned subsidiary of Tai Chi Capital Group Limited (the 'Group'), successfully obtained Type 1 (Securities Trading) and Type 7 (Providing Automated Trading Services) licenses, and was issued a 'Virtual Asset Trading Platform' license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). After successfully obtaining the full licenses, the group's subsidiary formed a compliant new ecosystem covering RWA and STO.
Future innovative projects
The group's grand vision does not remain on paper. As a leader in RWA in the Greater China market, HKbitEX has deeply cultivated the RWA tokenization field over the past five years, constructing a new digital finance landscape with a compliant Web 3.0 financial service system. It has launched representative projects such as the PRINCE Token, a closed-end fund tokenization project that invests in five retail units in Kowloon, Hong Kong, with a minimum entry threshold of only HKD 1,000.
Ms. Choi Fung-yi, Executive Director of the Hong Kong Securities and Futures Commission, also mentioned this product in her recent public speech: For example, in real estate, there have been reports that a licensed asset management company recently launched a tokenized closed-end fund investing in some real estate in Hong Kong. This fund is a private fund for professional investors with a minimum investment of HKD 1,000 and is expected to facilitate all-weather secondary market trading in the future.
In addition, HKbitEX has reserved a series of innovative projects, including AI algorithm development, US dollar money market funds, intellectual property, onboard Wi-Fi infrastructure, and electric vehicle charging stations, further demonstrating the group's commitment to leveraging cutting-edge technology to drive growth in finance and RWA sectors. Through the group's compliance infrastructure, HKbitEX provides full lifecycle support for RWA tokenization projects in the capital market, from asset tokenization to automated trading of STOs, fully meeting investor needs.
Tokenization of real assets
With a complete licensing system and cutting-edge projects, HKbitEX has laid the foundation for the integration of traditional finance and digital assets. While continuously innovating in the field of RWA tokenization, HKbitEX is not only shaping the future of asset management but also setting new standards for accessibility, transparency, and growth potential in this evolving financial landscape.
About Tai Chi Capital
Tai Chi Capital was founded in 2018, focusing on tokenized assets to shape a new landscape in digital finance. The group offers end-to-end tokenized asset services, including capital markets and wealth management, digital asset exchanges, and Web3 SaaS and technology R&D, with relevant businesses supported by compliant Web3 infrastructure from the group's subsidiaries. The group company (Hong Kong Digital Asset Exchange HKbitEX) became one of the first licensed digital asset trading platforms in Hong Kong in 2024 and issued Hong Kong's first physical asset STO last September.