Delin Holdings: Establish virtual asset OTC and main brokerage business, plan to complete relevant license upgrades before October

Odaily Planet Daily News: Hong Kong listed company Delin Holdings has released a three-stage plan for its digital finance development strategy, including: the first stage is to establish licensed virtual asset over-the-counter (OTC) and prime brokerage businesses, and plans to expand the business coverage of the Hong Kong Securities and Futures Commission's No.1 (securities trading), No.4 (providing advice on securities), and No.9 (asset management) licenses in the field of virtual assets within the next six months. It is expected to complete the regulatory approval process before October; The second stage is the tokenization and asset management platform of Real World Assets (RWA), and the third stage is the construction of a compliant cross-border digital asset fund ecosystem. (Hong Kong Economic Journal)