Victory Securities Teams Up With Matrixport For Superior Virtual Asset Security Services

HONG KONG SAR - In a significant move within the virtual asset sector, Victory Securities, a prominent virtual asset brokerage based in Hong Kong, has announced a strategic partnership with Matrixport's Cactus Custody™, a licensed trust company also located in Hong Kong. This collaboration is set to provide Victory Securities' licensed virtual asset products with institutional-grade digital asset custodial services. This development is a boon for professional investors globally who engage with Victory Securities, offering them a robust infrastructure for their digital asset needs, meticulously developed and managed by one of Asia's leading digital asset custodians.

The partnership underscores Victory Securities' dedication to collaborating with leading Web3 institutions to forge innovative financial products that emphasize compliance and security. The integration with Cactus Custody™, a qualified institutional custodian, enhances the security and transparency of digital assets for users. It incorporates advanced blockchain analysis databases, tracking tools, and on-chain transaction monitoring services. Moreover, this collaboration facilitates a compliant gateway for Victory Securities' offerings, supported by an extensive regulatory suite of Know Your Transaction (KYT) and Anti-Money Laundering (AML) tools.

One of the notable products benefiting from this partnership is the Victory EMC BTC Cycle Fund. This fund is distinguished as the first Bitcoin fund that accepts stablecoin subscriptions and has recently received approval from the Securities and Futures Commission of Hong Kong.

Mr. Kennix Chan, Executive Director of Victory Securities, expressed the company's commitment to delivering innovative and compliant virtual asset products. "Through our collaboration with Cactus Custody™, we can effectively safeguard investors' digital assets while fostering the development of the investment ecosystem for virtual assets," Chan stated. He highlighted the partnership as a testament to Victory Securities' ambition to make significant strides in the global Web 3 arena and lay down a foundational framework for future virtual asset products.

Ms. Wendy Jiang, General Manager of Cactus Custody™, shared her enthusiasm about the partnership. "Our collaboration is more than just an alliance between two industry powerhouses; it marks a significant step forward in bridging traditional finance with the virtual asset industry," Jiang remarked. She emphasized Cactus Custody™'s commitment to supporting the sustainable growth of Hong Kong's virtual assets space through cooperation with compliant stakeholders.

Victory Securities has been proactive in introducing various virtual asset products tailored to diverse investor needs. The firm is poised to launch cryptocurrency products that adhere to stringent regulatory compliance standards. By leveraging blockchain technology's unique characteristics in Web3, Victory Securities aims to offer secure opportunities for asset appreciation.

This partnership between Victory Securities and Cactus Custody™ not only strengthens the security framework around digital assets but also marks a pivotal moment in the collaboration between traditional financial services and the burgeoning virtual asset industry.

For more information on Victory Securities and its offerings, visit their official website: https://www.victorysec.com.hk/

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