Eddid Financial Secures SFC Type 9 License Uplift to Expand Digital Asset Management

Eddid Financial (“the Group”) announced that its subsidiary, Eddid Securities and Futures, has officially received approval from the SFC to uplift its Type 9 regulated activity license (Asset Management). This makes the Group one of the few firms that provides digital asset dealing and digital asset management. The Group is authorized to manage investment funds with up to 100% digital asset holdings, marking a significant expansion of its digital finance capabilities.

Pioneering a New Frontier in Digital Asset Management

Under the SFC guidelines, this license uplift enables the Group to manage portfolios with crypto asset holdings exceeding 10%, beyond the limitations of traditional asset management frameworks. Eddid Financial’s asset management services will now extend beyond traditional portfolio and fund management to include digital asset management. Within a compliant framework, the Group is committed to serving the evolving needs of institutional investors and high-net-worth clients.

Planned Launch of 100% Crypto Fund with Stablecoin Subscription and Redemption

The Group is actively planning to launch a 100% digital asset fund, investing in a basket of cryptocurrencies and related products. This fund will offer investors an innovative, secure, and reliable asset allocation options to tap into the growth potential in the digital asset space. To enhance capital efficiency and transactional flexibility, the Group will also support stablecoin subscription and redemption of fund, streamlining capital flow and transaction flexibility, while reducing foreign exchange costs and minimizing settlement risks.

Building a Full Digital Finance Ecosystem

Eddid Financial remains committed to strict compliance with anti-money laundering and counter-terrorism financing protocols, ensuring secure asset custody. As one of the first brokerages in Hong Kong to uplift licenses for digital asset services, the Group combines its deep financial market experience, advanced technology, and strategic partnerships with licensed virtual asset trading platforms, to provide clients with seamless integration between traditional and digital finance.

Looking ahead, the Group will continue to deepen its presence in the digital asset market, actively developing a diverse suite of services including security token offerings (STO), tokenized real world assets (RWA), digital asset market making, stablecoin issuance support, tokenized bonds, and cryptocurrency fund, serving global investors and industry players while driving the sustainable development of Hong Kong’s digital asset market.

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Eddid Financial Secures SFC Type 9 License Uplift to Expand Digital Asset Management