Hong Kong-listed company Mark Digital Technology and Huatong Securities plan to establish a joint venture and will develop a digital currency financial securities trading counter

According to the announcement of the Hong Kong Stock Exchange, Mark Digital Technology, a Hong Kong-listed company, announced that it has signed a memorandum of understanding with Huatong Securities. The two parties have applied for the establishment of a joint venture enterprise MW Technology Development Limited, aiming to cooperate in the development of digital currency financial securities trading desks. As compliance with the launch of Hong Kong dollar stablecoins is imperative, the counter trading system will present "AI digital robots" with the interactive experience of Web3 in the future to assist in the application of artificial intelligence to place orders, trade and settle. Huatong Securities has previously obtained the VA upgrade license, which means that it can provide trading services related to virtual assets in Hong Kong with legal compliance under certain conditions.