ChainCatcher message, the President of the Financial Investment Association, Xu Youxi, stated in his New Year speech that he will promote the expansion of the digital asset market into a future growth driver for the capital market through the advancement of token securities legislation and virtual asset ETFs. He also aims to innovate financial infrastructure to help financial investment firms find new growth opportunities in the digital asset market.

He pledged to support the business expansion and capability enhancement of financial investment firms, assist large securities companies in becoming top-tier securities firms in Asia, and promote the expansion of comprehensive financial investment firms into overseas markets. In addition, the President also stated that he will actively promote policy reforms, including corporate payment and settlement, and support measures such as the BDC system and expanding financing channels for small and medium-sized securities firms.