Tiger Securities announced in mid-June this year that it has been approved to launch virtual asset trading services to Hong Kong retail investors. According to Kelvin Liu, Vice President of Engineering and Cryptocurrency at Tiger Securities, the platform currently allows users in Hong Kong to trade 18 types of cryptocurrencies, stocks, futures, US Treasury bonds, and the latest Bitcoin ETF, and has been actively trying to attract retail investors. The goal is to provide retail investors with the same diversified trading options as professional clients. Tiger Securities will continue to monitor the cryptocurrency market, look for promising new coins that meet its standards, and plan to expand its cryptocurrency products in the future, subject to regulatory approval and market conditions.
Kelvin Liu added that Tiger Securities has observed a surge in demand for virtual assets among global investors, especially in Hong Kong. The company's foray into the cryptocurrency product field is a direct response to this trend, enabling it to provide eligible clients with the ability to trade cryptocurrencies and other global products on a single platform. The timing of the Securities and Futures Commission's approval of the cryptocurrency ETF was perfect for Tiger Securities to launch its cryptocurrency products.
