Futu Securities will officially provide virtual asset trading services to retail investors in Hong Kong.

Leading financial technology company in securities trading and wealth management - Futu Holdings Ltd (Nasdaq: FUTU, hereinafter referred to as "Futu") announced that its subsidiary Futu Securities International (Hong Kong) Limited has been approved by the Hong Kong Securities and Futures Commission to upgrade its Type 1 regulated activity license, allowing all qualified investors including retail investors to trade virtual assets through a licensed platform. Futu's investment platform, Futubull, will soon launch the virtual asset trading feature, making it convenient for qualified customers to invest in virtual assets and provide customers with a wider range of investment categories.

This license upgrade is a new milestone for Futu in the field of virtual asset trading. Previously, Futu's Singapore subsidiary, moomoo Securities (Singapore), also successfully obtained relevant licenses issued by the Monetary Authority of Singapore (MAS), qualifying to provide digital payment token services to retail and institutional investors. Futu's moomoo App will soon officially launch the virtual asset trading feature in Singapore.