Plus: MHC Digital to offer crypto structured products in the Australian wholesale market; Guotai Junan International to launch tokenised securities business in HK; Coinbase buys Deribit.
Hong Kong-based brokerage house Victory Securities has obtained regulatory consent from the Securities and Futures Commission (SFC) to provide crypto-related provision of discretionary account management services to retail and professional investors, as well as distribution of crypto-referenced, physically settled structured products to professional investors. The flexible investment features of virtual asset-structured products also enable investors to capitalise on market volatility -