Delin Holdings: Establishing Virtual Asset OTC and Prime Brokerage Business, Plans to Complete Relevant License Upgrades by October
Odaily Planet Daily reports that Hong Kong-listed company Deyin Holdings has released a three-phase digital finance development strategy. The first phase involves establishing a licensed virtual asset over-the-counter (OTC) and prime brokerage business, with plans to expand the scope of Hong Kong SFC Type 1 (securities trading), Type 4 (advising on securities), and Type 9 (asset management) licenses to cover virtual asset-related businesses within the next six months, aiming to complete regulatory approval by October. The second phase focuses on the tokenization of real-world assets (RWA) and the development of an asset management platform. The third phase aims to build a compliant cross-border digital asset fund ecosystem. (Hong Kong Economic Times)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US spot Ethereum ETF saw a net outflow of $182.7 million yesterday.
Mt.Gox address transfers 10,608 BTC worth approximately $954 million

