Coinbase And Xinhuo Asset Management Launch A Compliant Virtual Asset Entrustment Account
Key Points:
- “Xinhuo Asset Management” partnered with Coinbase to enter Hong Kong, which first licensed institution to offer professional investors virtual asset discretionary account management.
- The firm will observe SFC’s “Standard Terms and Conditions for Licensed Corporations Applicable to Management of Portfolios Investing in Virtual Assets” and relevant regulations.
- Xinhuo Asset Management manages professional investors’ Coinbase virtual asset trading accounts.
In order to offer a compliant virtual asset entrustment account service, Xinhuo Asset Management has partnered with Coinbase.
Xinhuo Technology Holdings Limited announced that they have reached a cooperation with Coinbase with its licensed and compliant asset management company “Xinhuo Asset Management”, a regulated cryptocurrency exchange, to become the first batch of licensed institutions in the Hong Kong market to provide virtual asset discretionary account management services to professional investors. In the future, Xinhuo Asset Management will be able to act as an investment manager on behalf of professional investors when it comes to managing its trading account for virtual assets on Coinbase.
It has been claimed that Xinhuo Asset Management is the first licensed fund manager to get their application to actively manage virtual asset funds accepted by the Hong Kong Securities Regulatory Commission. It possesses both a Type 4 (advising on securities) and a Type 9 (asset management) license, and its primary mission is to offer customers varied and tailor-made investment options while adhering to institutional-level compliance standards in the provision of virtual asset management services.
Xinhuo Technology Holdings Limited (also known as “Xinhuo Technology”) is a digital asset service platform that is regarded as the industry leader. Its stock code is 1611.HK. Their services are centered on the principles of professionalism, compliance, safety, and efficiency since we are dedicated to being the pioneers in the field of traditional finance inside the realm of digital assets. Software as a service (SaaS), virtual asset management, custody, over-the-counter block transactions, loans, trading platforms, and strategic investment are some of the services that are now included in Xinhuo’s portfolio of technological offerings.
Compliance is of the utmost significance to Xinhuo Technology, and as such, the company is actively applying for a variety of virtual asset and financial related licenses throughout the world’s most important markets.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Author
News
Coinbase And Xinhuo Asset Management Launch A Compliant Virtual Asset Entrustment Account
Key Points:
- “Xinhuo Asset Management” partnered with Coinbase to enter Hong Kong, which first licensed institution to offer professional investors virtual asset discretionary account management.
- The firm will observe SFC’s “Standard Terms and Conditions for Licensed Corporations Applicable to Management of Portfolios Investing in Virtual Assets” and relevant regulations.
- Xinhuo Asset Management manages professional investors’ Coinbase virtual asset trading accounts.
In order to offer a compliant virtual asset entrustment account service, Xinhuo Asset Management has partnered with Coinbase.
Xinhuo Technology Holdings Limited announced that they have reached a cooperation with Coinbase with its licensed and compliant asset management company “Xinhuo Asset Management”, a regulated cryptocurrency exchange, to become the first batch of licensed institutions in the Hong Kong market to provide virtual asset discretionary account management services to professional investors. In the future, Xinhuo Asset Management will be able to act as an investment manager on behalf of professional investors when it comes to managing its trading account for virtual assets on Coinbase.
It has been claimed that Xinhuo Asset Management is the first licensed fund manager to get their application to actively manage virtual asset funds accepted by the Hong Kong Securities Regulatory Commission. It possesses both a Type 4 (advising on securities) and a Type 9 (asset management) license, and its primary mission is to offer customers varied and tailor-made investment options while adhering to institutional-level compliance standards in the provision of virtual asset management services.
Xinhuo Technology Holdings Limited (also known as “Xinhuo Technology”) is a digital asset service platform that is regarded as the industry leader. Its stock code is 1611.HK. Their services are centered on the principles of professionalism, compliance, safety, and efficiency since we are dedicated to being the pioneers in the field of traditional finance inside the realm of digital assets. Software as a service (SaaS), virtual asset management, custody, over-the-counter block transactions, loans, trading platforms, and strategic investment are some of the services that are now included in Xinhuo’s portfolio of technological offerings.
Compliance is of the utmost significance to Xinhuo Technology, and as such, the company is actively applying for a variety of virtual asset and financial related licenses throughout the world’s most important markets.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Other Posts
Related Posts
News
LayerZero Sybil Airdrop Farmers Are Now Being Drastically Blocked For Fraud
News
Disappointment Clouds Friend Tech v2 Launch Despite Exciting New Features
News
Address Error Results in $68 Million WBTC Loss, Victim Falls to Phishing Scam
Knowledge
US Election Predictions: The Effects And Importance Of The New US President
News
