LTP Secures Five Key Licenses in Hong Kong, Leading the Crypto Regulation Charge
LTP has achieved a notable milestone by obtaining five crucial licenses from the Hong Kong Securities and Futures Commission (SFC). These licenses are granted to its Hong Kong subsidiary, LiquidityTech Limited, solidifying its position as a regulated leader in the industry.
With these approvals, LTP HK becomes the first virtual asset-focused prime brokerage licensed for multiple regulated activities. This allows the firm to serve a wide range of institutional clients, including hedge funds and asset managers.
Jack Yang, founder and CEO of LTP, emphasized the importance of regulatory compliance. “Our commitment to providing secure, high-performance trading infrastructure is now backed by a comprehensive suite of SFC licenses,” he said.
These licenses cover various regulated activities:
- Type 1: Dealing in securities, enabling the firm to facilitate financial instrument trades.
- Type 2: Dealing in futures contracts, allowing transactions for future asset agreements.
- Type 4: Advising on securities, offering tailored investment advice.
- Type 5: Advising on futures contracts, providing guidance across asset classes.
- Type 9: Asset management, managing investment portfolios to achieve financial goals.
These licenses empower LTP HK to offer a broad range of services, from trading and futures contracts to investment advice and asset management. This comprehensive approach ensures clients receive top-tier services in both customary and virtual asset markets.
