Cointime

Download App
iOS & Android

Futu Holdings' Cheetah Exchange Launches Licensed Operations, Margin Trading Coming Soon

On March 26, Futu Holdings announced that its wholly-owned virtual asset trading platform, Cheetah Trading (Hong Kong) Limited (hereinafter referred to as 'Cheetah Exchange'), has fully licensed operations. It will soon be fully integrated with Futu Securities, the group's Hong Kong retail brokerage, providing core support for virtual asset trading matching, asset custody, and technical solutions. With the deep integration of Cheetah Exchange and Futu Securities, the group will comprehensively initiate dual compliance collaborative services between traditional finance and Web3 within a licensed compliance framework. Furthermore, Futu plans to explore the inclusion of virtual asset holdings into a unified purchasing power calculation system under regulatory guidance, further enhancing overall capital utilization efficiency. This initiative aims to create a more flexible and efficient cross-asset margin trading experience for users, enabling seamless capital flow and leverage utilization between traditional finance and the crypto market.

Comments

All Comments

Recommended for you