BroadChain has learned that on March 26, Futu Securities announced the full licensing and official launch of Cheetah Hong Kong, its wholly-owned, self-built virtual asset trading platform. The platform will soon be fully integrated with Futu Securities' Hong Kong retail brokerage business to provide services including virtual asset trading matching, custody, and technical solutions.
Cheetah is Hong Kong's first virtual asset trading platform incubated by a licensed securities firm and operating under full regulatory compliance. Its deep integration with Futu Securities will create the city's first comprehensive financial services platform licensed to operate both as a securities broker and a virtual asset exchange.
Furthermore, under regulatory guidance, Futu plans to explore incorporating virtual asset holdings into a unified purchasing power framework. This initiative aims to launch cross-asset margin trading and facilitate capital flow and leverage between traditional finance and crypto markets.
Raymond Tsang, Executive Director and Managing Director of Futu Holdings, stated: "The deep integration of our self-built, compliant virtual asset exchange accelerates Futu's transformation into a bridge connecting traditional finance and virtual assets. We remain committed to the highest standards of compliance and security while driving synergistic development between these two sectors."