Metalpha: The Hong Kong Securities and Futures Commission has granted the addition of Type 1 regulated activities based on the existing license.

ChainCatcher news, according to PRNewswire, Hong Kong digital asset management company Metalpha announced that it has been granted an increase in its existing license by the Hong Kong Securities and Futures Commission to include Type 1 regulated activities, allowing it to provide securities and virtual asset trading services. Metalpha currently primarily offers investment products and trading capabilities to clients and is committed to providing structured derivatives for cryptocurrency market participants.