LTP Becomes First Licensed Virtual Asset Prime Brokerage in Hong Kong

LTP has reached a significant milestone in the cryptocurrency and virtual asset industry, becoming the first licensed virtual asset prime brokerage in Hong Kong. The company, through its Hong Kong subsidiary LiquidityTech Limited, has successfully obtained five crucial licenses from the Hong Kong Securities and Futures Commission (SFC), marking a pivotal moment in the region’s growing regulatory framework for digital assets.

The new licenses cover a broad spectrum of regulated activities, positioning LTP as a fully regulated, trusted player in the virtual asset space. These licenses enable the firm to serve a wide range of institutional clients, including hedge funds, proprietary trading firms, asset managers, and corporate investors, providing them with secure and high-performance trading infrastructure. This move is especially significant as it demonstrates the company’s commitment to regulatory compliance and the establishment of a solid foundation for long-term growth in the virtual asset sector.

With the acquisition of these licenses, LTP is now able to offer a range of services previously unavailable to many virtual asset firms. These services include the facilitation of buying and selling financial instruments on behalf of clients, trading in futures contracts, and offering expert advice on both securities and futures contracts. Additionally, LTP can now manage investment portfolios for clients, tailoring strategies to meet specific financial objectives and ensuring proper asset allocation. This comprehensive service offering allows LTP to cater to the diverse needs of institutional investors and further establishes the company as a leader in the space.

Jack Yang, founder and CEO of LTP, emphasized that regulatory compliance is a cornerstone of their institutional prime brokerage services. In his statement, he expressed pride in LTP’s achievement as the first virtual asset-focused prime brokerage in Hong Kong to secure a comprehensive set of SFC licenses. Yang highlighted that these licenses not only reflect the company’s dedication to providing secure and efficient trading infrastructure but also signal LTP’s commitment to meeting the growing demand for regulated virtual asset services within the institutional sector.

The significance of LTP’s regulatory approval cannot be understated, as it positions the firm to play a pivotal role in the broader institutional adoption of digital assets. By offering regulated services in one of the world’s leading financial hubs, LTP is well-positioned to serve clients seeking to participate in the virtual asset market while adhering to local laws and regulations. This accomplishment highlights LTP’s leadership in the virtual asset industry and provides a strong foundation for continued growth and innovation in the years to come.

This achievement further aligns with Hong Kong’s vision of becoming a global hub for digital asset innovation, and LTP’s successful licensing strengthens its position as a trusted and compliant partner for institutional clients in the fast-evolving world of virtual assets. As the market continues to mature and attract more institutional players, LTP’s regulatory standing ensures its ability to operate with transparency and confidence, fostering greater trust and opportunities for clients in the virtual asset ecosystem.