The Hong Kong Securities and Futures Commission (SFC) has issued a virtual asset trading platform license to VDX, bringing the total number of licensed platforms to 12.

PANews reported on February 16 that, according to information updated today on the official website of the Hong Kong Securities and Futures Commission, VDX, a digital asset trading platform under Victory Fintech Company Limited, has obtained a license to operate a virtual asset trading platform. The company is authorized to conduct Type 1 (securities trading) and Type 7 (providing automated trading services) regulated activities. At the same time, its subsidiary VDX Custody Limited has also been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services. As of now, the number of licensed virtual asset trading platforms in Hong Kong has increased to 12.

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The Hong Kong Securities and Futures Commission (SFC) reports that the total market capitalization of 11 virtual asset ETFs has exceeded HK$5.4 billion, and the size of approved tokenized funds has reached HK$8.66 billion.