4

Amber Group Gets Licensed to Operate in Hong Kong

 2 years ago
source link: https://bitcoinke.io/2022/06/amber-group-gets-licensed-to-operate-in-hong-kong/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client

Amber Group Gets Licensed to Operate in Hong Kong

The acquisition enables Amber Group to conduct relevant regulated activities under the auspices of Type 1, 2, 4, 5 and 9 licenses from the Hong Kong Securities and Futures Commission

June 16, 2022
Huobi-GIF.gif?fit=728%2C90&ssl=1

Amber Group Now Licensed to Operate in Hong Kong With Acquisition of Celera Markets Limited https://t.co/Zbl3LBMy8q #technology #finance #fintechnews #Fintech #Amber @ambergroup_io

— Global FinTech Series (@FinTech_Series) June 14, 2022

Amber Group, a leading global digital asset platform, today announced its acquisition of Celera Markets Limited, a fully licensed financial group by the Securities and Futures Commission (SFC) of Hong Kong.

The acquisition represents a significant milestone for Amber Group, as it continues to strengthen its product portfolio to bridge the gap between traditional and digital finance globally.

As a licensed corporation under the Hong Kong SFC, Celera Markets is a discretionary asset management firm that engages in traditional securities and derivatives brokerage services, with an emphasis on algorithmic execution spanning global venues and asset management mandates.

______________________________________________________________________

SEE ALSO: Leading Digital Assets Platform, Amber Group, Partners with Chelsea Football Club and Announces Partnership with Chainlink

______________________________________________________________________

The acquisition leverages the synergies between Celera Markets and Amber Group, as the latter sets its sights on broadening its advisory and deals offering for financial instruments, while adhering to the regulatory parameters set by the SFC.

Through the acquisition, Amber Group has secured five types of SFC licenses – Type 1, 2, 4, 5 and 9 – which allows the company to carry out a broad range of services including advising on and dealing in securities and futures contracts as well as providing asset management services.

This is a landmark moment for Amber Group amid an increasingly complex regulatory landscape in the finance industry. The acquisition strengthens Amber Group’s foothold in Hong Kong, a leading global financial center, and one of the world’s most active and liquid securities markets, effectively widening the reach of the company’s products and services to legacy financial market participants.

Speaking about the milestone, Michael Wu, CEO, Amber Group, said:

“Hong Kong holds tremendous strategic value as a key global finance hub, and we are proud to be integrating the best from traditional and digital finance as we expand our presence in the market. As an asset management player with a decade-long track record, Celera Markets offers valuable market expertise and TradFi experience which is critical to our global mission to facilitate the convergence of TradFi and digital asset finance.

This acquisition also marks a significant milestone in Amber Group’s commitment to regulatory compliance as we strive to build institutional investors’ trust and confidence in crypto assets. As we continue to hold ourselves to the highest compliance standards and win the trust of an SFC-approved institution, we look forward to welcoming a new era of finance in Hong Kong.”

– CEO, Amber Group

______________________________________________________________________

RECOMMENDED READING: Leading Digital Assets Platform, Amber Group, Now Valued at $3 Billion, Appoints an EMEA General Counsel

______________________________________________________________________

Thank you for your support by helping us create content:

BTC address: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT

ERC20 Address: 0x03139524428e40E31f13909f8D994C915FB91277

SOL address: 9cC65AWFHj848kntcoyiT8av3jiRQEqyTTmBR1GvVUb

____________________________________________________________________

Follow us on Twitter for the latest posts and updates

Join and interact with our Telegram community

_____________________

Subscribe to our YouTube channel below for more updates:

____________________________________________________________________

This is a sponsored post

Huobi-GIF.gif?fit=728%2C90&ssl=1

report

Recommend

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK