Alchemy Pay’s Strategic Investment in HTF Paves Way for Hong Kong’s First Fully-Compliant Crypto-Finance Gateway
Hong Kong's crypto landscape just got a major power-up. Alchemy Pay is doubling down on Asia's financial hub with a strategic play that could rewrite the rules of digital asset adoption.
The Bridge That Banks Will Actually Use
Forget about shady offshore exchanges—HTF's new infrastructure brings institutional-grade compliance to crypto-fiat transactions. Finally, a solution that doesn't make compliance officers break out in hives.
Why This Matters Now
With Hong Kong regulators playing nice with crypto while mainland China keeps its distance, the city's becoming Asia's unlikely Web3 testing ground. Alchemy Pay's move smells like smart money positioning—just watch how fast traditional finance 'discovers' crypto now that there's a compliant on-ramp.
The Bottom Line
Another brick in the wall of crypto legitimacy—or another case of finance giants co-opting decentralization? Either way, the money's flowing where the regulations are clear. Funny how that works.
Alchemy Pay, a prominent fiat-crypto payment platform, has announced an exclusive investment in HTF Securities Limited, a Hong Kong-based entity regulated under the country’s Securities and Futures Commission (SFC). As per Alchemy Pay, it has invested in HTF Securities Limited via its corporate entities. The platform revealed the details of this endeavor in a recent social media post shared on its official X account.
#AlchemyPay has secured access to SFC Type 1/4/9 licenses via investment in HK-licensed firm HTF Securities Limited and will apply for the upgrade of the SFC Type 1 License.
Looking ahead, we’ll work together to upgrade these licenses for extending business scope into virtual… pic.twitter.com/bcN8NC84XD
Alchemy Pay Invests in HTF Securities Limited to Bolster Expansion Plan
Alchemy Pay’s investment in HTF Securities Limited is crucial as the platform holds Type 1, Type 4, and Type 9 licenses provided by the Hong Kong Securities and Futures Commission. The Type 1 license permits the platform to deal with securities. In addition to this, the Type 4 license allows advising on securities. Along with that, the Type 9 license focuses on the provision of the asset management services.
Apart from that, HTF Securities Limited also boasts approximately a 2-decade-long experience in the capital markets of Hong Kong. Hence, the platform pays notable attention to in-depth investment services and research in secondary and primary markets. Along with that, it also provides users with a complete suite of diverse services, including advisory, brokerage, funds, bonds, and equities. Similarly, it also offers the services dealing with fund and portfolio management.
Additionally, the Type 1,4, and 9 licenses collectively serve as a foundational trio dealing with complete spectrum of offerings comprising financial services. They encompass the key operations regarding asset management, investment advisory, and securities trading. These licenses denote a versatile and comprehensive group of permissions for financial services available in the regulatory landscape of Hong Kong. Based on its all-encompassing functionality, top industry players like HashKey Group have effectively adopted it.
Driving Expansion to Establish Robust Crypto Ecosystem
According to Alchemy Pay, its strategic investment in HTF Securities Limited marks a landmark in its wider Asia-Pacific expansion plan. This also highlights Alchemy Pay’s commitment to establishing a robust crypto ecosystem via a compliance-focused approach. Previously, the firm announced the acquisition of ten Money Transmitter Licenses (MTLs) in the United States, substantially increasing the firm’s legal payment abilities.
Moreover, the company also intends to partner with HTF Securities Limited to enhance crypto compliance initiatives via the Type 1,4, and 9 licenses’ upgrade.
