Significant Endorsement for Guotai Junan International
On June 24th, Guotai Junan International Holdings Limited, a subsidiary of Guotai Haitong Group, received a significant endorsement from the Hong Kong Securities and Futures Commission, elevating its capabilities within the financial sector. With this newly granted license, the firm can now offer trading services for a variety of virtual assets, which includes popular cryptocurrencies like Bitcoin and Ethereum, in addition to stablecoins such as USDT.
Pioneering Efforts in Virtual Assets
This pivotal development positions Guotai Junan International as the pioneering Chinese securities firm based in Hong Kong to integrate a full range of services in virtual assets. Their offerings will encompass not only direct trading of these digital currencies but also consulting services and the issuance and distribution of related financial products.
Innovative Developments in Digital Finance
In recent years, the company has diligently worked to broaden its presence in the virtual asset niche, rolling out innovative products including exchange-traded fund (ETF) structures focused on digital assets, managing exchange platform agency business, and launching digital bonds. These initiatives are part of a broader strategy to solidify Hong Kong’s status as a global hub for virtual assets, making substantial contributions to the evolving landscape of digital finance.
