Tiger Securities: Looking for new coins that meet trading standards in Hong Kong
Tiger Securities announced in mid-June this year that it had been approved to launch virtual asset trading services to retail investors in Hong Kong. According to Kelvin Liu, its vice president of engineering and head of cryptocurrency, Tiger Securities currently allows users to trade 18 cryptocurrencies, stocks, futures, US Treasury bonds, and the newly launched Bitcoin ETF in Hong Kong. It has been actively trying to attract retail users. Its goal is to provide retail investors with the same diverse trading options as current professional customers. Tiger Securities will continue to monitor the cryptocurrency market for promising new coins that meet standards, and plans to expand cryptocurrency products in the future, subject to regulatory approval and market conditions.
Kelvin Liu added that Tiger Securities has observed a surge in demand for virtual assets from global investors, especially in Hong Kong, and Tiger Securities' foray into cryptocurrency products is a direct response to this trend, which allows it to offer eligible clients the ability to trade cryptocurrencies as well as other global products on a single platform. The timing of the approval of cryptocurrency ETFs by the Hong Kong Securities and Futures Commission (SFC) creates an excellent opportunity for Tiger Securities to launch its cryptocurrency products.