Victory Securities, a Hong Kong-listed business, and EMC Labs, a research institute for virtual asset investments, have inked a memorandum of agreement. The collaboration seeks to offer investors Bitcoin fund solutions that align with the general goals and specifications of a compliant system. In terms of data mining, investment research, compliance, and risk management, both sides greatly complement one another.
The Securities and Futures Commission (SFC) has given virtual asset trading, consulting, and asset management service licences to Victory Securities, making it the first licenced corporation in Hong Kong. Victory Securities is also licenced to invest in virtual asset funds and has authority from the SFC to handle funds with up to 100% virtual asset investment.
EMC Labs is a technology finance business that relies on industry research and data mining. The business has dedicated a large amount of resources to index compilation and data mining on the BTC network chain since its founding.
