Golden Finance reported that Tiger Brokers announced in mid-June this year that it had been approved to launch virtual asset trading services to retail investors in Hong Kong. According to its vice president of engineering and head of cryptocurrency Kelvin Liu, Tiger Brokers currently allows users to trade 18 cryptocurrencies, stocks, futures, U.S. Treasuries, and the newly launched Bitcoin ETF in Hong Kong, and has been actively trying to attract retail users. Its goal is to provide retail investors with the same diversified trading options as current professional customers. Tiger Brokers will continue to monitor the cryptocurrency market and look for promising new coins that meet the standards, and plans to expand cryptocurrency products in the future, subject to regulatory approval and market conditions. Kelvin Liu added that Tiger Brokers has observed a surge in demand for virtual assets among global investors, especially in Hong Kong, and Tiger Brokers' entry into the cryptocurrency product field is a direct response to this trend, which enables it to provide eligible customers with the ability to trade cryptocurrencies and other global products on a single platform. The timing of the Hong Kong Securities and Futures Commission (SFC) approving the cryptocurrency ETF has created an excellent opportunity for Tiger Brokers to launch its cryptocurrency products.
