[Hong Kong, December 2024] Thousand Whales Technology (BVI) Limited (EX.IO), a Hong Kong-based virtual asset trading platform, has officially received approval from the Hong Kong Securities and Futures Commission (SFC). The platform has been granted Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) licenses and complies with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, positioning itself as a fully licensed virtual asset exchange in Hong Kong.
With Huasheng Group, a key investor under Sina Corporation, EX.IO is the first and only licensed platform with a brokerage background. The licensing signifies a breakthrough in bridging traditional finance and digital assets, enhancing regulatory confidence and market trust for investors in virtual assets.
Wu Chen, Co-Founder and CEO of EX.IO, commented: “We are honored to receive this license from the SFC. This milestone highlights our commitment to compliance, security, and service innovation. Moving forward, EX.IO will strive to be a vital bridge between traditional finance and virtual assets, offering safe, efficient, and compliant trading services.”
EX.IO aims to eliminate barriers between traditional finance and digital assets, providing a secure and regulatory-compliant trading environment for investors. Supported by Huasheng Group, the platform leverages its brokerage background to promote the legitimacy and mainstream adoption of virtual assets.
As the virtual asset market continues to grow rapidly, compliance remains a key focus for global investors. The licensing of EX.IO reinforces Hong Kong’s position as a leader in the global virtual asset market, highlighting its pivotal role in the industry’s evolution.
News Source:Now.com，This article does not represent our position.
