ChainCatcher News reports that the Hong Kong Securities and Futures Commission (SFC) has officially approved Victory Fintech Company Limited (brand: VDX) to operate a virtual asset trading platform. This is the first new platform license approved by the SFC since 2025, bringing the total number of licensed virtual asset trading platforms to 12.
It is understood that Victory Fintech is a subsidiary of Victory Securities, a Hong Kong-listed company (stock code: 8540), and has been approved to engage in regulated activities Class 1 (securities trading) and Class 7 (automated trading services). Its affiliated entity, VDX Custody Limited, has also received approval under anti-money laundering and counter-terrorist financing regulations to provide digital asset custody services.
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