Introducing Structured Virtual Asset Products and Expanding into the APAC Market

Victory Securities (8540.HK) is pleased to announce the signing of a strategic memorandum of understanding (MOU) with Wavebridge, a licensed Virtual Asset Service Provider (VASP) based in South Korea. This partnership aims to jointly develop and expand the market for structured virtual asset products, exploring growth opportunities in the virtual asset markets of both Korea and Hong Kong.

This collaboration marks a significant step in Victory Securities’ efforts to deepen its presence in the virtual asset sector while driving innovative and compliance-driven development of virtual asset products alongside distinguished international partner.

Under the MOU, Wavebridge will provide advisory and research support to Victory Securities in providing virtual asset structured products in Hong Kong. Leveraging
Wavebridge's proven success in the South Korean market, the company will bring its technological expertise and professional advantages to global business expansion, offering investors worldwide a more diverse array of virtual asset investment tools.

The collaboration comes at a pivotal time as the global virtual asset market increasingly integrates with mainstream financial markets. Innovative products like Bitcoin spot ETFs have garnered widespread attention in major financial markets, including the U.S. and Hong Kong. As a licensed corporation, Victory Securities is actively expanding into new business areas such as virtual asset trading, virtual asset structured products, and portfolio/fund management to provide clients with comprehensive financial solutions. With more than 50 years of experience in financial markets, Victory Securities enjoys a strong reputation in regulated financial activities. In response to the rapid evolution of the virtual asset market, Victory Securities will join forces with Wavebridge to integrate their strengths in technology, financial services, and market resources, driving sustainable growth in the virtual asset markets of Asia-Pacific Market.

Mr. Kennix Chan, Deputy CEO of Victory Securities, stated:
" Over the past year, Victory Securities has maintained its leading position in Hong Kong in cryptocurrency trading volume. This collaboration with Wavebridge will further drive breakthroughs in the field of innovative virtual asset products and, by integrating the resources of both parties, achieve new heights in business expansion. Currently, Victory Securities has successfully established a diversified business network across the Asia-Pacific region, laying a solid foundation for further market development in the APAC.”

This strategic collaboration is not only a cross-border business partnership but also an innovative initiative to drive the scaled development of the virtual asset market. By fostering close collaboration under a compliant regulated framework, the partnership between licensed virtual asset platforms across borders will bring investors more secure and professional investment opportunities, injecting fresh momentum into the virtual asset ecosystem in the Asia markets.