摩根士丹利：富途-解密加密货币机遇

A trusted brand, one-stop service, along with top class user experience and a full set of licensing, define Futu's competitive edge in cryptocurrency. We see meaningful revenue contribution as the company increases crypto adoption, which will be a multi- year driver for its investment case. Developing regulations pave the way for Futu to tap into the growing cryptocurrency trading market: Crypto market cap has risen to US$3.4tn currently from US$2tn a year ago, with spot volume reaching US$18.8tn in 2024 – ...