Victory Securities Partners with Virtual Seed Global to Develop Regulated Virtual Asset Funds

Victory Securities has announced a strategic collaboration with Virtual Seed Global (VSG) to create regulated virtual asset fund products for investors. This partnership aims to combine Victory Securities' compliance expertise with VSG's capabilities in data acquisition and industry research to meet the growing demand for virtual assets among investors.

Objectives of the Collaboration
- Compliance and Expertise: Victory Securities will leverage its strong compliance framework and experience in regulated financial services.
- Data and Research: VSG will contribute its advanced data acquisition techniques and in-depth industry research to inform the development of the virtual asset funds.
- Investor Demand: The collaboration is driven by an increasing demand from investors for diversified investment opportunities in the virtual asset space.

Statements from Executives
Kennix Chan, Executive Director of Victory Securities, emphasized the importance of meeting client demands for diverse investments:
"We’ve noticed that our clients have increasingly high demands for investments in various asset categories. As the virtual asset industry is rapidly developing globally, we are actively working with professional virtual asset organizations like VSG to create compliant products to help our clients capitalize on market opportunities."

Jacky Wang, founder of VSG, highlighted the synergy between the two firms:
"With our unique virtual asset strategies and track record, we unlock more potential for the virtual asset industry and establish cooperation with Victory Securities on market expansion and related product services in the future."

Expansion into Stablecoin Services
In addition to developing virtual asset funds, Victory Securities has launched stablecoin deposit and withdrawal services for professional investors. The new services include Tether (USDT) and USD Coin (USDC) and are accessible via the VictoryX App. This follows their earlier introduction of Bitcoin (BTC) and Ethereum (ETH) trading for retail investors, all integrated on the same platform.

Regulatory Milestones
Victory Securities has been a pioneer in receiving the necessary licenses for virtual asset operations in Hong Kong:
- Type 1: Virtual Asset Trading
- Type 4: Virtual Asset Advisory Services
- Type 9: Virtual Asset Management Services

These licenses enable Victory Securities to provide a wide range of regulated services in the virtual asset market, ensuring compliance and security for its clients.

Conclusion
The partnership between Victory Securities and VSG marks a significant step towards developing regulated virtual asset fund products, addressing the increasing demand for diverse and compliant investment opportunities in the rapidly growing virtual asset industry. This collaboration leverages the strengths of both firms to offer advanced financial services and expand market presence.