LTP HK receives confirmation from the Hong Kong SFC for Type 1 license upgrade, launches virtual asset (VA) deposit and withdrawal services

Foresight News reported that digital asset prime broker and fintech service provider LTP announced that its subsidiary, LiquidityTech Limited ("LTP HK"), has officially received confirmation from the Hong Kong Securities and Futures Commission (SFC) to upgrade its Type 1 regulated activity (securities trading) license. This upgrade marks that LTP HK is now a licensed institution able to provide clients with comprehensive virtual asset deposit (VA-in) and withdrawal (VA-out) services.

Prior to this license upgrade, although LiquidityTech Limited already held Type 1, 2, 4, 5, and 9 regulated activity licenses issued by the SFC, its virtual asset services were limited to fiat on/off ramp. After this upgrade, institutions and professional investors can now use mainstream tokens for fund deposits and withdrawals directly on the SFC-regulated platform operated by LiquidityTech Limited under Hong Kong's regulatory framework, seamlessly connecting with LTP HK's comprehensive regulated trading and brokerage services.