According to BlockBeats, Victory Securities announced on April 28 that it has obtained two approvals for virtual asset business from the Hong Kong Securities and Futures Commission. The company can provide discretionary account management services (DAMS) for virtual assets to retail and professional investors, and invest in spot virtual assets, futures, and options as per the regulations of the Securities and Futures Commission.
At the same time, Victory Securities has also been authorized to distribute structured products of virtual assets for physical subscription and settlement to professional investors.