Hong Kong SFC Grants Virtual Asset Trading Platform Operating License to Victory Digital's VDX

Odaily News: According to an update on the official website of the Hong Kong Securities and Futures Commission, the digital asset trading platform VDX, under Victory Fintech Company Limited, has been granted a virtual asset trading platform operating license. The institution is authorized to conduct regulated activities under Type 1 (dealing in securities) and Type 7 (providing automated trading services). Additionally, its subsidiary, VDX Custody Limited, has also been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services. To date, the number of licensed virtual asset trading platforms in Hong Kong has reached 12.