AlchemyPay's Hong Kong investment target HTF Securities received SFC approval to upgrade its virtual asset trading license

Crypto payments company AlchemyPay announced that its Hong Kong strategic investment target HTFSecurities Limited has received approval from the Hong Kong Securities and Futures Commission (SFC) to upgrade its Type 1 (securities trading) license to virtual asset trading services, covering professional and retail investors. Previously, the two parties have jointly completed the VA upgrade of Category 4 licenses and are advancing the application for Category 9 license upgrade. In addition, AlchemyChain, the public stablecoin payment chain launched by AlchemyPay, has been launched on the test network this year. Since its launch, the number of test addresses has exceeded 150,000.