Hong Kong BGE Limited (BGE) has secured its license to operate as a virtual asset trading platform (VATP) as of 17 June 2025, according to the Securities and Futures Commission (SFC) website.
With BGE’s entry, Hong Kong now has 11 licensed VATPs. BGE is the fourth company to obtain a license this year, the third being Bullish HK Markets Limited in February 2025.
Other licensed virtual trading platform operators include OSL Digital Securities Limited, Hash Blockchain Limited, Panthertrade (Hong Kong) Limited, and YAX (Hong Kong) Limited.
The SFC extended its swift licensing process for VATPs to new applicants in January 2025. Under the new approach, SFC would work more closely with VATP applicants, offering timely and constructive feedback to help fully compliant VATPs launch their services more quickly.
The BGE VATP license enables the company to operate under the SFC’s regulatory framework, further strengthening the city’s expanding digital asset ecosystem. According to BGE’s website, it is currently open only for select users.
There are nine more applicants awaiting approval.
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