Greenland (Asia) Securities has just been approved by the Hong Kong Securities and Futures Commission to upgrade its digital asset consulting and digital asset portfolio management license.
This marks a new breakthrough in Greenland's legal compliance and digital asset development activities, with plans to apply Blockchain technology to innovate traditional asset management models and diversify related products.
MAIN CONTENT
Greenland has successfully upgraded its digital asset consulting and management license in Hong Kong.
The company aims to apply Blockchain to improve asset management and develop new products.
How has Greenland (Asia) Securities been licensed to upgrade its digital asset services?
Greenland (Asia) Securities has just received approval from the Hong Kong Securities and Futures Commission for the upgrade of its digital asset consulting license (VA4) and digital asset portfolio management license (VA9), ensuring strict legal compliance regarding digital assets.
According to a report in July 2024, this opens up new development directions for Greenland in the promising digital asset market in the Asia region.
The licensing is an important step for Greenland to implement Blockchain technology in asset management, while facilitating the creation of diverse digital asset products that align with global development trends.
Mr. Ly Hao, CEO of Greenland Group, 07/2024
How will Greenland apply Blockchain technology in asset management?
Greenland aims to use Blockchain to innovate traditional asset management models, enhancing transparency, security, and efficiency in portfolio management.
This technology supports tracking digital asset transactions, tokenizing real assets, and automating the fundraising process, contributing to the creation of innovative and diverse financial products.
What digital asset products and services will Greenland provide?
Greenland plans to launch products related to digital assets, including real asset tokens, various cryptocurrencies, and new fundraising services to meet diverse investment needs.
This helps expand the service portfolio, allowing investors to access highly liquid and transparent digital asset classes.
What is the strategic significance of the new license for Greenland?
The new license reinforces Greenland's position in the digital asset market and ensures compliance with legal regulations in Hong Kong, an international financial center.
This move helps Greenland stay ahead of the global digital asset development trend, enhancing competitiveness and increasing value for customers and partners.
Approval from the regulatory authority helps Greenland confidently expand its operations, while affirming its commitment to compliance and sustainable development in the digital asset sector.
Mr. Truong Kien, Head of Legal Department, Greenland Group, 07/2024
What are the significant differences between the VA4 and VA9 licenses?
The VA4 license allows Greenland to provide digital asset consulting services, while VA9 focuses on professional management of digital asset portfolios in compliance.
This combination allows Greenland to effectively consult and manage digital asset investments for customers, enhancing comprehensive services.
Comparison table of VA4 and VA9 licenses
Criteria VA4 License VA9 License Scope of Activity Digital Asset Consulting Management of Digital Asset Portfolios Main Functions Investment Consulting, Market Information Provision Management and Operation of Investment Portfolios for Clients Compliance Requirements for Consulting, Periodic Reporting Strict Regulations on Financial Management and Security
Frequently Asked Questions
How do VA4 and VA9 differ? VA4 focuses on digital asset consulting, while VA9 manages digital investment portfolios. Both licenses help Greenland expand its comprehensive services. Does licensing help Greenland develop new products? Yes, the new license allows Greenland to apply Blockchain to innovate and diversify digital asset products. How is Blockchain used in asset management? Blockchain enhances transparency, security, and automates the management process of digital asset portfolios. Which market is Greenland targeting with this license? Greenland focuses on developing the digital asset market in Hong Kong and the broader Asian region. Does this license provide any advantages for investors? The license helps ensure legal compliance, increases safety, and diversifies products for digital asset investors.
Source: https://tintucbitcoin.com/greenland-asia-nang-cap-giay-phep-ky-thuat-so/
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