Eddid Financial Appointed as Participating Dealer for Pando Bitcoin ETF (2818.HK)
HONG KONG, July 18, 2025 /PRNewswire/ -- The Pando Bitcoin ETF (Stock Code: 2818.HK), issued by Pando Limited ("Pando"), officially debut today on the Hong Kong Exchanges and Clearing Limited (HKEX). Eddid Securities and Futures Limited ("ESFL"), a subsidiary of Eddid Financial (the "Group"), has been appointed as a participating dealer. ESFL will provide both cash and in-kind subscription and redemption services, reinforcing the Group's leadership in the digital asset space. This appointment marks the Group as one of the Hong Kong's few participating dealers of all listed virtual asset spot ETFs, demonstrating its comprehensive capabilities in digital asset trading.
Pando is a licensed virtual asset management firm with retail investor capabilities. As a participant in the digital asset management sector, Pando was granted Types 1, 4, and 9 licenses by Hong Kong Securities and Futures Commission (SFC). Pando is qualified to offer a wide range of virtual asset-related services. Pando also obtained public fund qualifications and issued two actively managed ETF products. Backed by strong strategic planning and deep compliance expertise, Pando is committed to delivering diversified investment solutions. Pando Bitcoin ETF is the fourth spot Bitcoin ETF listed in Hong Kong, further expanding the city's virtual asset investment options and encouraging more competitive forces and innovation to the market.
As a leading integrated financial group in Hong Kong, Eddid Financial has been actively expanding its virtual asset-related business over the years, aiming to provide investors with a secure, efficient, and compliant trading platform. There are currently six Bitcoin spot ETFs and Ether spot ETFs listed in Hong Kong. ESFL is the participating dealer for all six, a distinction that reflects its market expertise and robust technical infrastructure. Its appointment to support the Pando Bitcoin ETF further affirms the Group's leadership in digital asset execution, clearing, and liquidity management, within a regulated framework designed to safeguard investor interests.
"We are honored to be part of the launch of the Pando Bitcoin ETF," said Dr. Ricky Yeung, Head of Eddid Financial's Virtual Assets Department, "This appointment is a strong vote of confidence in our capabilities and marks another step in positioning Hong Kong as a global hub for virtual assets. We'll continue to harness our technology and compliance strengths to deliver secure, transparent, and diversified investment options to our clients."
About Eddid Financial
Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and digital assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions.
Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities ("RA") licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regula-tory Authority (FINRA), the National Futures Association (NFA), the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. Our Singapore subsidiary, Eddid Financial Singapore Pte. Ltd., holds the Capital Markets Services License (Li-cense No.: CMS101839) issued by the Monetary Authority of Singapore (MAS).
Learn more: www.eddid.com.hk/en
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SOURCE Eddid Financial