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Alchemy Pay Joins Forces with Victory Securities
Singapore-based Alchemy Pay, popular as a leading fiat-to-crypto payment gateway, announced its alliance with licensed and SFC-approved crypto trading service provider Victory Securities, following the former’s avowed intention to enter the Hong Kong financial market.
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This collaboration between the two firms allows users to consider the VictoryX app for allocating their virtual assets. Beyond exchange-traded funds, Victory Securities offers a comprehensive suite of financial services, including futures contracts, securities, and financial advisory services, among others.
Hong Kong’s recent ETF debut has been drawing interests from big-name investment firms like Harvest Global and HashKey Capital. Although its performance seemed relatively lukewarm when compared to the U.S.’s, fascination seems to only be surging.
As of late, Hong Kong's financial market took a significant step forward with the launch of six new BTC and ETH spot exchange-traded assets by three fund management giants, namely Harvest Global Investments, China Asset Management (CAM), and Bosera Asset Management.
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