Fuche Jinke applies for Hong Kong VASP license and actively expands into the field of virtual assets

According to Foresight News, FTFT. US announced today that its wholly-owned Hong Kong subsidiary, FTFT International Securities and Futures Limited, has signed a commission agreement with a well-known compliance consultant in Hong Kong. The commission entrusts FTFT to apply for a Virtual Asset Services License (VASP) from the Hong Kong Securities and Futures Commission (SFC) on the basis of the company's original Hong Kong No.1, No.2, and No.4 licenses, and also applies for a No.9 asset management license, with plans to cover both traditional and virtual asset management businesses. The consultant will conduct a detailed review and evaluation of the company's business model, risk management capabilities, etc., and assist the company in preparing relevant application materials and business plans to submit to the Hong Kong Securities and Futures Commission.