GF Holdings International Achieves Compliance with SFC Regulations
GF Holdings International announced its recent compliance with regulatory requirements set forth by the Hong Kong Securities and Futures Commission (SFC) regarding the distribution of tokenised securities and digital bonds. The company confirmed that it has submitted its business strategies for these initiatives and has received approval from the SFC, indicating that there are no outstanding concerns.
Expansion into Wealth Management Services
As part of its expansion into wealth management services, GF Holdings submitted a comprehensive proposal to the SFC on January 21, 2025. The aim of this plan is to enable the distribution of tokenised securities to customers and to offer advisory services related to these instruments, building on their existing securities trading operations.
Portfolio of Planned Tokenised Securities
The portfolio of planned tokenised securities includes diverse products, such as structured notes, OTC derivatives, as well as SFC-approved investment funds and those not approved by the SFC. Tokenised securities represent a significant advancement in financial technology, as they encompass conventional instruments like stocks and bonds that are managed digitally through Distributed Ledger Technology (DLT), including blockchain.
This technological integration transforms traditional financial assets into a more innovative, token-based format, enhancing efficiency and accessibility in the financial markets.
