Futu Securities Will Roll Out Virtual Asset Trading Services to Hong Kong Individual Investors

Futu Holdings Limited (Nasdaq: FUTU, "Futu"), a leading securities trading and wealth management fintech company, announced that its subsidiary, Futu Securities International (Hong Kong) Limited, has been approved by the Hong Kong Securities and Futures Commission to uplift its Type 1 regulated activity license. This upgrade allows all qualified investors in Hong Kong, including retail investors, to trade virtual assets through the licensed platform. Futu's investment platform, Futubull, will soon launch a virtual asset trading feature, making it convenient for eligible clients to invest in virtual assets and providing a more diverse selection of investment categories.

This license upgrade marks a new milestone for Futu in the field of virtual asset trading. Previously, Futu's Singapore subsidiary, Moomoo Financial Singapore Pte. Ltd., also successfully obtained the corresponding license from the Monetary Authority of Singapore (MAS), enabling it to provide digital payment token services to both retail and institutional investors. The moomoo App under Futu will also soon officially launch its virtual asset trading feature in Singapore.