Odaily News Hong Kong's licensed virtual asset exchange EX.IO announced plans to develop RWA and security token products. EX.IO said it has signed a memorandum of understanding with virtual asset investment company Octiv Capital, and related products may combine traditional finance and alternative assets.
According to previous news, EX.IO obtained approval from the Securities and Futures Commission (SFC) of Hong Kong in December last year to operate a virtual asset trading platform in accordance with the Type 1 (Securities Trading) and Type 7 (Providing Automated Trading Services) licenses and the Anti-Money Laundering and Terrorist Financing Ordinance (AML0). It is reported that EX.IO is a licensed institution with a brokerage background, with Huasheng Capital Group under Sina as the main investor, and invested by Longling Capital and Weixin Jinke. (Hong Kong Economic Times)