AI artificial intelligence fund MicroBit Capital successfully obtained the virtual asset management license from the Hong Kong Securities and Futures Commission
Author: MicroBit Capital
MicroBit Capital Limited ("MicroBit Capital") announced that it has officially obtained the Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses issued by the Hong Kong Securities and Futures Commission on April 30, 2024. Under these licenses, the company can manage portfolios fully invested in virtual assets. MicroBit Capital is committed to leveraging cutting-edge artificial intelligence technology to manage funds and create higher risk-adjusted returns for investors.
Founded in 2023 and headquartered in Hong Kong, the company utilizes advanced artificial intelligence technology to develop trading strategies aimed at enhancing the accuracy of market trend predictions and more keenly capturing market opportunities.
Since 2018, team members have achieved exponential growth in their portfolios through forward-looking research and technology development in trading strategies, laying a solid foundation for robust long-term returns for clients. MicroBit Capital has established its leading position in the field through continuous and relentless research and development.
The company's team is continuously expanding, consisting of nearly 30 fund managers, traders, and artificial intelligence engineers from globally renowned institutions and universities such as Millennium, DeepMind, Cornell University, Columbia University, and the University of Oxford, all possessing solid skills and deep knowledge in their respective fields.
Dr. Seth Huang, the Chief Investment Officer and Head of AI Strategy at MicroBit Capital, holds a master's and doctoral degree from Cornell University and has approximately 15 years of rich experience in quantitative finance and algorithmic fund management. His innovative research and development framework accelerates the effective development of trading strategies, continuously enhancing portfolio performance.
MicroBit Capital empowers finance through technology, with the team accumulating over 60 years of rich experience in related fields, not only creating an outstanding performance record but also committed to redefining virtual asset management and making significant progress.
Looking ahead, the team continues to harness cutting-edge technology and rich research and development experience to seize the enormous opportunities in the future virtual asset market.
MicroBit Capital is both a pioneer and an active participant in the development and definition of the virtual asset management field. The company adheres to the philosophy of creating value for investors, using technology and expertise to make the future more promising!
MicroBit Capital welcomes like-minded individuals to join this pioneering journey and shape the future of virtual asset management together.
Links:
SFC - link:
https://apps.sfc.hk/publicregWeb/corp/BUD119/details
Website: