Victory Securities' virtual asset business has an average monthly turnover of 10 million USD, with 80% being Bitcoin investments
ChainCatcher news, according to Hong Kong media "Hong Kong Commercial Daily," Victory Securities Executive Director Chen Peiquan disclosed that since the company launched its virtual asset trading services, the average monthly turnover has reached 10 million USD, and its virtual asset business has become profitable. He believes that related clients will maintain a multiple growth rate next year.Chen Peiquan stated that currently, investors primarily invest in Bitcoin, accounting for about 80% of their overall virtual asset investments. Chen Peiquan also revealed that next year, Victory Securities will integrate its stock and virtual asset platforms to create a one-stop platform, making it easier for investors to buy and sell virtual assets. Next year, Bitcoin will experience its "halving" event, which occurs every four years, coupled with the possibility of the Federal Reserve starting a rate-cutting cycle, leading him to believe that virtual assets will see another bull market.