Big news: The established payment project Alchemy Pay may be entering the compliant exchange track.

Alchemy Pay has just officially announced its investment in the Hong Kong securities company HTF Securities Limited. HTF has been operating in the Hong Kong capital market for many years and holds three core financial licenses, namely:

Category 1 (Securities Trading)

Category 4 (Securities Advisory)

Category 9 (Asset Management)

Through a strategic investment in HTF, Alchemy Pay has successfully obtained the aforementioned financial licenses. This is just the first step in the strategy.

What’s next?

The Hong Kong Securities and Futures Commission currently allows holders of Category 1, Category 4, and Category 9 licenses to apply for an extension of their business scope to virtual assets. In other words, by holding the aforementioned financial licenses, Alchemy Pay now has the potential to expand its business activities into crypto assets.

Is the probability of success high? Previously, Guotai Junan and Futu Securities both successfully passed the approval of the Hong Kong Securities and Futures Commission and were permitted to provide virtual asset trading services.

Personally, I think the probability of application approval is quite high.

Alchemy Pay's strategic ambitions go far beyond license upgrades. I have organized its ecological layout and $ACH benefits:

Alchemy Pay compliance license upgrade

Alchemy Chain launch, empowering $ACH (the mainnet is expected to be launched in Q4 2025)

Issuance of its own stablecoin (expected to be issued on Alchemy Chain)

More RWA product integration. Previously, Alchemy Pay collaborated with Backed & xStocks to launch the world's first fiat-to-RWA product.

Looking at the $ACH trend, after a period of consolidation, it has been steadily rising for nearly a month. If you are a $ACH holder, I suggest paying attention to the important nodes I mentioned above.