The Hong Kong Securities and Futures Commission approves the virtual asset trading platform license for Victory Fintech.

Techub News reports, according to Crowdfund Insider, the Hong Kong Securities and Futures Commission (SFC) has officially approved Victory Fintech Company Limited (brand: VDX) to operate a virtual asset trading platform. This marks the first approval of a new platform license by the SFC since 2025, bringing the total number of licensed virtual asset trading platforms to 12. Victory Fintech is a subsidiary of the Hong Kong-listed Victory Securities (stock code: 8540). It has been approved to conduct regulated activities of Type 1 (dealing in securities) and Type 7 (providing automated trading services). Its associated entity, VDX Custody Limited, has also received approval under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services.