Futu Announces Uplift of Type 1 License to Include Virtual Asset Dealing Service

Core Insights - Futu Holdings Limited has upgraded its Type 1 license to include virtual asset dealing services, allowing it to serve both retail and professional investors in Hong Kong [1] Company Overview - Futu Holdings Limited is a technology-driven company that offers fully digitalized financial services through its platforms, Futubull and moomoo [2] - The company provides a comprehensive range of investment services, including trade execution, margin financing, securities lending, and wealth management [2] - Futu integrates social media tools to enhance user connectivity and engagement within its investment ecosystem [2] - Additionally, the company offers corporate services such as IPO distribution, investor relations, and ESOP solutions [2]