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HKVAC Officially Established, iPollo Joins as First Supporting Organization

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Hong Kong Virtual Asset Consortium (HKVAC), a virtual asset rating agency, has announced its official establishment and is launching virtual asset indices and exchange ratings. Among them, the HKVAC Large Cryptocurrency Index reflects the overall performance of high market-value cryptocurrencies in the global cryptocurrency market, including the top 30 cryptocurrencies globally that meet its eligibility criteria. The index is reviewed quarterly and the review dates are the last day of each quarter (March, June, September, and December). The virtual asset exchange rating reflects the credit status of the trading platform and promotes transparency and accountability in the virtual asset trading market.

HKVAC was established by professional rating agencies and crypto industry players, including big data companies, exchanges, institutional investors, and Hong Kong licensed rating agencies. Its aim is to create a safe investment environment for virtual assets and enhance public recognition of virtual assets.

iPollo becomes one of the first partnering supporting organizations. Other partnering organizations include FrancXav Asia Ratings, G-Rocket Global Accelerator, Hong Kong Data Infinity Technology, HKVAEX, Huobi, KuCoin, LK Venture, Nano Labs, urise, Wealthking Investment Limited.

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