According to BlockBeats, on August 31, the Hong Kong Securities and Futures Commission website showed that HKDAX had submitted an application for a virtual asset trading platform license to the Hong Kong Securities and Futures Commission.

HKDAEx is a member of the Hong Kong Financial Asset Exchange Group. HKDAEx said it will connect physical assets with digital assets to improve liquidity, thereby enhancing the value of physical assets and promoting the development of the real economy.