According to Golden Finance, encrypted payment company Alchemy Pay announced a strategic investment in Hong Kong securities company HTF Securities Limited (Central ID: BNO909). HTF Securities is a licensed company approved by the Hong Kong Securities and Futures Commission, and has obtained Class 1 (securities trading), Class 4 (securities consulting), and Class 9 (asset management) licenses.
It is reported that both parties will cooperate to promote the application for upgrading the virtual asset business of Class 1, 4, and 9 licenses, and accelerate the process of encryption compliance.