Hong Kong virtual bank Mox: plans to provide virtual asset ETFs to customers through Mox Invest securities trading platform
Hong Kong virtual bank Mox has expressed its desire to provide virtual asset ETFs to customers through the Mox Invest securities trading platform. The bank is currently preparing for this, including submitting relevant applications and launching after regulatory approval. Various issuers are actively laying out securities dealers and bank distribution products. Initially, retail investors will have to purchase through mainstream securities dealers, including Interactive Brokers, Morgan Stanley, Futu Securities International, Huatai International, and Guotai Junan International. The bank has already discussed cooperation with over 20 securities dealers.
In addition, all six ETF trustees are China International UK BOCOM Trust. A spokesperson said that since the China Securities Regulatory Commission allowed fund companies to issue cryptocurrency spot ETFs last year, many fund company clients have planned to issue products. They will actively cooperate with demand and provide relevant custody services. However, China CITIC Bank Hong Kong has not yet been launched, and HSBC has not been updated.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why This Crypto Expert Believes Bitcoin and Risk Assets Are Poised to Thrive
Bitcoin Nears Key Threshold as Market Sentiment Hangs in the Balance
MicroStrategy Adds 2,530 BTC to Its Holdings, Reaching 450,000 Total Bitcoin
Bitcoin Mining Difficulty Hits Record High as Network Strengthens