Futu Securities Gains License to Offer Virtual Assets, Expands Services in Hong Kong
Portfolio Pulse from Benzinga Newsdesk
Futu Holdings Limited (NASDAQ:FUTU) has announced that its subsidiary, Futu Securities International (Hong Kong) Limited, has upgraded its Type 1 license to include virtual asset dealing services. This will allow Futu Securities to offer virtual asset services to both retail and professional investors in Hong Kong.
July 08, 2024 | 10:02 am
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Futu Holdings Limited has upgraded its Type 1 license to include virtual asset dealing services, allowing it to expand its offerings in Hong Kong to both retail and professional investors.
The upgrade of Futu Securities' Type 1 license to include virtual asset dealing services is a significant development. It allows Futu to expand its service offerings in a growing market, potentially attracting more clients and increasing revenue.
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