Greenland (Asia) Securities Granted Digital Asset License in Hong Kong

Greenland (Asia) Securities, a subsidiary of Greenland Group, has been granted an upgraded digital asset business license by the Securities and Futures Commission of China Hong Kong. This license allows the firm to provide digital asset advisory services and digital asset portfolio management, marking a significant milestone in the company's journey towards compliant operation in the digital asset field.

The upgraded license enables Greenland (Asia) Securities to innovate the traditional asset management model through blockchain technology. The firm plans to launch diversified digital asset products and services, including digital assets, tokenization of real assets, cryptocurrency trading, and fund-raising businesses. This expansion is expected to attract more clients and investors seeking to diversify their portfolios with digital assets.

The move reflects the growing acceptance and regulation of digital assets in China Hong Kong. The region's authorities are seeking to balance innovation with investor protection, and Greenland (Asia) Securities' enhanced capabilities in the digital asset space are likely to drive further growth and innovation in the region's financial sector. The firm's ability to provide a broader range of digital asset-related financial products and services, including trading, custody, and advisory services, positions it as a key player in the rapidly evolving digital asset landscape.