According to the report from Hong Kong financial news media “Hong Kong Connection”, Hong Kong online brokerage Tiger Securities has recently obtained approval from the Securities and Futures Commission of Hong Kong to upgrade its license. It will officially expand its virtual asset trading services to Hong Kong retail investors. Hong Kong investors can now trade various assets including Bitcoin (BTC) and Ethereum (ETH), as well as stocks, options, futures, US Treasuries, funds, and more through Tiger Securities’ investment platform Tiger Trade.
Tiger International’s Chief Financial Officer, Zhang Qingfei, stated, “From last year when the Securities and Futures Commission of Hong Kong issued new regulations allowing licensed trading platforms to provide services to retail investors, to April this year when Hong Kong became the first market in Asia to launch spot Bitcoin and Ethereum ETFs, various actions have shown Hong Kong’s support for compliant and innovative development of different types of assets as a world-leading financial center. As the virtual asset trading industry gradually becomes mainstream in Hong Kong’s financial sector, it is also expected to attract more international capital and investors.”
