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LSQ Capital Receives Virtual Asset Category 1 License

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2024-04-16 02:41:02
Metalpha Technology Holding Limited, a digital asset wealth management company, today announced that its wholly-owned subsidiary in Hong Kong, LSQ Capital Limited ("LSQ Capital"), has been granted a Type 1 Regulated Activity License (Virtual Asset Type 1 License) by the Securities and Futures Commission (SFC) in addition to its existing license, allowing it to provide securities and virtual asset trading services.
Metalpha expects to launch a Hong Kong ETF-linked fund for qualified investors in the short term to meet the growing market demand.
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