According to TechFlow, Jiang Zhaosheng, a senior researcher at OKEx Research Institute, recently wrote on Ta Kung Pao that although on-site trading still occupies an important position, crypto liquidity is gradually converging to OTC, and institutional investors and whales are now more inclined to choose the OTC market with better liquidity. Hong Kong needs to maintain and strengthen its competitiveness in the OTC field, establish a safer and freer OTC market to undertake liquidity, and enhance its global voice in the virtual asset and Web3 ecosystem.

According to incomplete statistics from OKLink Research Institute, the annual transaction volume processed by the Hong Kong OTC market is nearly 10 billion US dollars. At the same time, thanks to the crypto money changers, a physical product with regional characteristics, it not only attracts young investors from all over the world, but also has an appeal to participants in the middle and older age groups. In recent years, the Hong Kong OTC market has also attracted the attention of many users and institutions in the fields of international trade and cross-border payments, and has gradually become another important carrier for Hong Kong to gather global funds.