Tiger Brokers’ No. 1 license upgrade was approved and will be connected to virtual asset trading

Tiger Securities announced that it has been granted upgraded conditions for its Type 1 license by the Hong Kong Securities and Futures Commission, allowing professional investors to trade virtual assets on Tiger Securities' licensed platform under the Securities and Futures Commission. Tiger Securities is one of the earlier companies among internet brokers to receive this license upgrade. In the future, professional investor clients can trade virtual assets on Tiger Trade, Tiger Securities' flagship trading platform. Hong Kong residents with investment assets exceeding HKD 8 million or corporations with assets exceeding HKD 40 million are eligible to trade virtual assets on Tiger Trade in the future. The company also plans to open virtual asset trading to retail investors in compliance with regulatory requirements. Tiger International's CFO, Zeng Qingfei, said that this license upgrade is an important step for Tiger Securities and he is pleased to introduce virtual asset trading in this important area to further meet the trading needs of customers.