Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities’ SFC Type 1 (Dealing in Securities) license to cover virtual asset dealing services for both professional and retail investors.
This follows a previously announced upgrade of HTF Securities’ Type 4 (Advising on Securities) license.
With the planned Type 9 (Asset Management) upgrade, the combination of Type 1, 4, and 9 licenses will offer a comprehensive set of financial permissions within Hong Kong’s regulatory framework.
Alchemy Pay and HTF Securities continue to collaborate on the Type 9 application to broaden virtual asset service capabilities.
The development forms part of Alchemy Pay’s regulatory strategy in Hong Kong, enabling the company to explore potential stablecoin-related initiatives and extend its payment services across Asia and other regions.
In July 2025, Alchemy Pay made a strategic investment in HTF Securities Limited.
Alchemy Pay holds a global compliance record that includes 15 Money Transmitter Licenses in the US, Digital Currency Exchange Provider registration in Australia, Electronic Financial Business registration in South Korea, as well as licenses across Europe and Southeast Asia.
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