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Kakuyo Network’s Subsidiary Secures Type 4 and Type 9 Licenses from Hong Kong’s SFC, Boosting Global Aspirations

7 hours ago
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Spruce Technology HK Limited Receives Key Approvals

Spruce Technology HK Limited, a subsidiary wholly owned by Kakuyo Network, has received notable approvals from the Securities and Futures Commission (SFC) of Hong Kong. Specifically, the company has been awarded the Type 4 (Securities Advisory) and Type 9 (Asset Management) licenses, crucial milestones that signify a pivotal advancement in Kakuyo’s aim to expand its international footprint. These licenses underscore the firm’s robust compliance capacity, which will be leveraged to expedite its efforts in global markets.

Enhancements Through Kingnet AI Platform

In tandem with these developments, the company is enhancing its offerings through the Kingnet AI platform. Developed by SmileCobra Studio and backed by technology from Kakuyo Network, Kingnet AI serves as a comprehensive solution for game development, driving innovation in content creation, gameplay mechanics, and the design of economic systems within the gaming sector. Furthermore, SmileCobra Studio is set to broaden its scope into new territories, including virtual asset management, collaborative AI tools, and innovations in Web3 gaming.

Strategic Commitment to Global Gaming Ecosystem

This recent licensing achievement not only fortifies Kakuyo Network’s compliance framework but also lays a robust groundwork for cultivating a reliable global gaming ecosystem. In turn, this is expected to stimulate the commercialization of gaming on a worldwide scale, highlighting Kakuyo’s strategic commitment to transforming the digital gaming landscape.

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