Eddid Financial Approved by SFC to Launch Virtual Asset Coin In/Out Services
HONG KONG, July 22, 2025 /PRNewswire/ -- Eddid Financial ("the Group") announced that its subsidiary, Eddid Securities and Futures, has received approval from the Hong Kong Securities and Futures Commission (SFC) to provide digital asset coin in/out services, further expanding the Group's multi-pronged strategy in the digital asset space. The approval highlights the Group's leading position in digital asset compliance, risk management, and technological capabilities. It also lays a solid foundation for the Group's future development in digital asset trading, including the distribution of stablecoins and real-world asset (RWA) products.
The Group's flagship trading app, Eddid ONE, will soon be upgraded to support direct crypto deposits and withdrawals. Supported tokens will include Bitcoin (BTC), Ether (ETH), USD Coin (USDC), Tether (USDT), and USDT-TRC. This will empowers investors to manage their crypto flows securely and efficiently, without the hassle of handling virtual asset wallets and private keys, offering a streamlined gateway into the virtual asset market.
Dr. Ricky Yeung, Head of Virtual Asset at Eddid Financial, stated: "Digital assets are becoming a core pillar of modern portfolio strategies. This approval reflects the regulator's recognition of the Group's compliance and operational framework. It also addresses investors' growing demand for liquidity and flexibility. Leveraging its global fintech platform, the Group will continue to enhance its digital asset offerings, delivering more comprehensive, efficient, and secure financial solutions to help clients thrive in the digital economy."
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SOURCE Eddid Financial