On November 8th, Victory Securities (8540.HK), a listed company in Hong Kong, and the emerging virtual asset research and investment organization EMC Labs announced that they have signed a memorandum of understanding. They plan to leverage their respective strengths, including compliance, data mining, and market cycle analysis capabilities, in hopes of providing investors with Bitcoin fund products that are aligned with the overall objectives and requirements of a compliant system.

With more than 50 years of history, Victory Securities has stood out for its agility and proactive performance in the field of virtual assets, making it the first licensed corporation in Hong Kong to receive licenses from the Securities and Futures Commission (SFC) for virtual asset trading, advisory, and asset management services. Moreover, Victory Securities is also permitted by the SFC to manage investment funds that include up to 100% virtual asset investments, further consolidating its leading position in the virtual asset field.

Chen Peiquan, Executive Director of Victory Securities, said: "As a local broker rooted in Hong Kong, many of our clients have been with us for over three generations, with more than 60% of our clients having been with us for over five years. During this time, we have noticed a growing interest in virtual assets among our clients. Therefore, we hope to offer more market-demand-oriented products for them to choose from."

On the other hand, EMC Labs is a tech-finance company driven by data mining and industry research, founded by seasoned virtual asset investors and data scientists. The core team members hail from industry-leading companies such as JD.com, Bell Labs, Tron, and Marsbit. Since its inception, EMC Labs has invested substantial resources in data mining and indicator development on the BTC network.

Shang Silin, co-founder of EMC Labs, said: "In the 14 years since the birth of Bitcoin, Bitcoin has accumulated information on hundreds of millions of addresses and behaviors. Through in-depth data mining, we can gain insight into the essence of market structure and cyclical fluctuations, thereby obtaining signals of turning points at different stages within a cycle. This is what distinguishes our strategy."

Victory Securities and EMC Labs share a deep agreement on the broad direction of virtual assets and are highly complementary in compliance, risk control, research and investment, and data mining. This enables Victory Securities and EMC Labs to utilize their respective strengths to provide excellent services for the fund and its clients.

In the future, as the virtual asset market continues to evolve, Victory Securities, in conjunction with EMC Labs, expects that their digital asset products will offer investors quality investment options through precise data analysis and comprehensive industry research. Victory Securities will join forces with EMC Labs, basing their efforts on compliance and professionalism, to provide investors with high-quality financial products and services. Both parties aim to become leading forces in the field of virtual assets with their unique investment strategies and profound industry background, creating new opportunities and value for investors in future markets.

About Victory Securities

Victory Securities (stock code: 8540.HK), with over 50 years of history, is a comprehensive license brokerage firm licensed by the SFC, holding licenses for Type 1 (Securities Trading), Type 2 (Futures Contracts Trading), Type 4 (Advising on Securities), Type 6 (Advising on Corporate Finance), and Type 9 (Asset Management) regulated activities. Investors can enjoy Victory Securities' full range of financial services, including trading and financing for Hong Kong stocks and global securities, wealth management, capital markets, virtual assets, and asset management. In 2023, Victory Securities became the first licensed corporation in Hong Kong to simultaneously receive SFC-issued licenses for virtual asset trading, advisory, and asset management services.

About EMC Labs

EMC Labs, a crypto asset fund company registered in the Cayman Islands, was co-founded by crypto asset investors and data scientists. The core team, with over six years of industry experience and investment in the crypto sector, comes from companies such as JD.com, Bell Labs, Tron, and Marsbit.

EMC Labs focuses on industry research and data mining as its core competencies, committed to creating a world-leading crypto asset fund company through an intelligent research and investment system.