News Daily


The Times Real Estate

News from Asia

  • Written by Media Outreach
HONG KONG SAR - Media OutReach Newswire - 28 April 2025 - Victory Securities today announced that it has officially obtained two significant regulatory consent from the Securities and Futures Commission (SFC) of Hong Kong to provide virtual asset (VA)-related products and services: 1) provision of discretionary account management services (DAMS) to retail and professional investors, investing in spot VA, VA futures and VA options; and 2) distribution of VA-referenced, physically settled structured products to professional investors.

Victory Securities is now permitted to offer DAMS to both retail and professional investors, managing a range of customizable investment products, including spot crypto investments and derivatives. Victory Securities is the first licensed broker in Hong Kong to be able to provide VA DAMS via, amongst other trading platforms, Binance FZE and Deribit FZE, which are amongst the largest VA and VA derivative exchanges in the world by trading volume. The volatility of the virtual asset market has deterred some investors, and Victory Securities' DAMS aims to serve as a bridge for clients to invest in this sector. The service combines an experienced investment team with an institutional-grade risk control system, operating within a framework that strictly adheres to clients' risk preferences and investment objectives. It covers core aspects such as asset allocation, risk assessment, and dynamic asset allocation strategies, with round-the-clock monitoring to provide high-net-worth individuals and institutional investors with efficient and compliant asset appreciation solutions.

Mr. Kennix Chan, Deputy CEO of Victory Securities, stated, "The professionalization of the virtual asset market is a future trend. Our discretionary account management services will strictly comply with the SFC's regulatory framework, integrating quantitative analysis and market insights to create long-term value for investors."

On the other hand, following its approval late last year as the first Hong Kong brokerage to distribute cash-settled VA-referenced structured products, Victory Securities has further secured the regulatory consent to distribute physically-settled VA-referenced structured products. At expiry, the issuer of physically-settled VA-referenced structured products will deliver spot VA to the clients of Victory Securities. The flexible investment features of physically settled VA-referenced structured products enable investors to better capitalize on market volatility.

Mr. Kennix Chan emphasized, " This service significantly reduces the cost and time barriers associated with cross-market asset conversions, providing cryptocurrency holders with an innovative channel to seamlessly access traditional financial products. The flexible investment features of virtual asset-structured products also enable investors to capitalize on market volatility."

In recent years, Victory Securities has actively aligned with the Hong Kong government's policy direction of "embracing virtual assets," continuously enhancing its compliance infrastructure. The group has now established a full-chain service ecosystem covering trading, asset management, and product distribution, positioning itself as a key player in the local virtual asset compliance process. As more investors enter the market, Victory Securities' "one-stop virtual asset solutions" are poised to seize market opportunities.

Wechat: 胜利策略

Hashtag: #virtualasset #crypto #bitcoin #financialproducts #finance

The issuer is solely responsible for the content of this announcement.

Read more

Top 5 Providers of SEO Focused Guest Posts in Florida You Can Trust

Many companies today aim to increase their online presence, which is a good use for guest blogging. In guest blogging, you compose content for the benefit of other websites that link back to yours. This promotes your business and increases... Read more

The Role of Litigation Lawyers in Brisbane

Litigation lawyers in Brisbane play a crucial role in the legal landscape, ensuring justice is accessible and efficiently administered for the clients they represent. They have expertise in handling disputes that may result in court proceedings, with their work encompassing... Read more

Edge Computing: Revolutionising Connectivity in the Digital Age

Edge computing is rapidly transforming how organisations process and manage data, bringing computational power closer to where it's most needed. In an increasingly connected world, Microsoft Azure services are at the forefront of this technological revolution, enabling businesses to leverage... Read more

What You Need to Know About Towing a Caravan

Towing a caravan can be an exciting way to explore Australia's vast landscapes, but it also comes with its own set of challenges. Whether you’ve just purchased a new caravan or are browsing caravans for sale, understanding the ins and... Read more

How to curb short-sightedness in kids

Kids should play outside more to reduce the risk of short-sightedness and potential adult blindnessWe are in the grips of a ‘myopia epidemic’: more than 20 per cent of Australians have myopia or short-sightedness, tipped to rise to 50 per... Read more

The Importance of Fast Energy Services in Your New House

Moving to a new place is challenging and accompanies a lot of work. From packing to getting everything to your new place and unpacking, there’s alot to consider. One important necessity people forget to check is if the electricity and... Read more