Hong Kong’s Largest Brokerage Firm Launches Crypto Trading

Futu Securities International, the largest online brokerage in Hong Kong, recently announced that it now offers cryptocurrency trading for its 22 million customers.

Hong Kong-based users of the platform can now trade Bitcoin and Ether directly, making Futu Securities the first online brokerage to do so for retail investors in the region.

According to a report by the South China Morning Post, the cryptocurrency trading feature became available on July 23.

The increasing interest in cryptocurrency among investors is evident, with Bitcoin’s open interest reaching a record high of $39.4 billion on July 29. This has raised expectations for a potential price breakout in the near future.