Amber Group is applying to the Securities and Futures Commission for a license to operate a virtual asset trading platform in Hong Kong and expects to be approved
ChainCatcher news, according to Zhito Finance, Wayne Huo, co-founder of Amber Group and CEO of Amber Premium, stated that Amber Group is applying to the Securities and Futures Commission for a Virtual Asset Trading Platform Operator License (VATP) in Hong Kong and expects to be approved.
When asked whether Amber Group would consider listing in Hong Kong after its leading crypto financial institution service and solutions provider Amber International (AMBR.US) goes public in the United States, he mentioned that while listing in Hong Kong is one option, there are currently no specific plans.
After the completion of the listing in the United States, Amber Group will hold 90% of the shares in Amber International (new shares, with a 12-month lock-up period), while 10% will be held by iClick's shareholders.