Hong Kong Virtual Asset Exchange (HKVAX) has received licensing from the Hong Kong Securities and Futures Commission (SFC) to operate a virtual asset trading platform, making it the third licensed crypto exchange in the city. HKVAX specializes in Security Token Offerings (STO), Real-World Asset (RWA) tokenization, over-the-counter (OTC) trading, and custody services. The CEO of HKVAX, Anthony Ng, sees this approval as a reflection of the company's and Hong Kong's commitment to being leaders in the virtual asset space. HKVAX is also forming partnerships with industry players to further its growth and contribute to Hong Kong's financial innovation. This approval aligns with Hong Kong's efforts to establish itself as a leader in the virtual asset market.



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