According to news from Deep Tide TechFlow, on February 19, as reported by 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 is the first approval of a new platform license by the SFC since June 2025, bringing the total number of licensed virtual asset trading platforms to 12.
According to reports, Victory Fintech is a subsidiary of the Hong Kong listed company Victory Securities (stock code: 8540), approved to engage in regulated activities of Type 1 (securities trading) and Type 7 (providing automated trading services). Its associated entity VDX Custody Limited has also been approved under anti-money laundering and anti-terrorism financing regulations to provide digital asset custody services.