DL Securities Secures Conditional Approval for Virtual Asset Trading in Hong Kong
DL Securities (Hong Kong) Limited, a subsidiary of DL Holdings (1709.HK), has obtained conditional approval from Hong Kong's Securities and Futures Commission (SFC) to operate as a regulated VIRTUAL asset trading provider. The firm will upgrade its Type 1 securities license to include crypto services by December 2025, pending final SFC clearance.
The brokerage plans to partner with SFC-licensed platform OSL to offer execution services for professional investors, including fiat-to-crypto conversions. This strategic MOVE positions DL Securities among the first traditional financial firms to bridge Hong Kong's securities and digital asset markets.
Parent company DL Holdings has already tokenized HK$60 million of its Central district property and a HK$312 million U.S. real estate stake, signaling institutional readiness for blockchain-based asset fractionalization.