Hong Kong-based Diginex Receives Approval to Upgrade to Type 4 License, Plans to Launch Virtual Asset Trading Services Starting in February

BlockBeats News, January 16, Hong Kong-listed company Diginex announced that its subsidiary Diginex Securities Limited, Hong Kong received conditional approval from the Hong Kong Securities and Futures Commission on January 15 to provide virtual asset advisory services, thereby upgrading its existing Type 4 (advising on securities) regulated activity license. Under the approval conditions, Diginex Securities can only provide this advisory service to professional investors among its Type 4 business existing clients. Additionally, Diginex Securities had previously been approved for the upgrade to a Type 1 (dealing in securities) regulated activity license.

Diginex Holdings stated that it expects to officially launch virtual asset trading services in February this year after completing system connectivity and testing with the SFC-licensed platform. This license upgrade will support the Group's strategy in the virtual asset and Real World Asset (RWA) tokenization space.