According to ChainCatcher, Hong Kong-based Mox has directly provided cryptocurrency ETFs on Mox Invest, a regulated investment platform that reduces friction by eliminating the complexity of managing personal crypto wallets.
It is reported that Mox is a virtual bank majority-owned by Standard Chartered Bank (Hong Kong) Limited and jointly established by Standard Chartered Bank Hong Kong, Hong Kong Telecom (HKT), PCCW and Ctrip Group. According to an undisclosed survey mentioned in Mox's official announcement, nearly one-third of people in Hong Kong are already involved in cryptocurrencies, and one-third of cryptocurrency holders may switch their main banks to banks that provide cryptocurrency-related products.