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🔥Hong Kong’s first BTC-based asset management and private banking service is born! Xinhuo Group moves into digital asset wealth management
Hong Kong-listed company Xinhuo Group announced two important strategies at the Hong Kong Digital Wealth Management Summit:
1️⃣ Acquire Avenir’s investment trading team and its complete trading system
2️⃣ Launch Hong Kong’s first compliant asset management service based on Bitcoin — “Alpha BTC”
In short, “Alpha BTC” is an enhanced-strategy asset management product priced primarily in Bitcoin, mainly for:
Investors holding large amounts of BTC or Bitcoin ETFs
Professional users with digital asset investment experience
This service will be operated through a subsidiary held by Xinhuo Group with Hong Kong Securities and Futures Commission License No. 9.
CEO Weng Xiaoqi said that this product not only fills the market gap for compliant BTC-based asset management in Hong Kong, but also means Xinhuo Group is upgrading from traditional digital financial platforms to a licensed digital asset “private banking” model.
From industry trends,
in the future, the core of competition in digital assets is not just trading, but compliance asset management and wealth management capabilities.
💡Market opportunities are always reserved for two kinds of people:
One is those who can see the trend, and the other is those who position themselves in advance.