TechFlow news: Victory Securities has announced a collaboration with EMC Labs to launch the compliant Bitcoin fund, Victory EMC BTC Cycle Fund, which has been approved for listing by the Hong Kong Securities and Futures Commission (SFC).
The fund employs data mining and industry research and targets qualified professional investors. It is the only virtual asset fund in Hong Kong that accepts stablecoin subscriptions. Investors may subscribe using USD, USDC, or USDT. This marks Victory Securities as the first institution approved by the SFC to offer virtual asset services to retail investors. The partnership with EMC Labs aims to deliver more diversified and innovative virtual asset products in compliance with regulatory standards.
Leveraging EMC Labs' data mining technology for cyclical Bitcoin allocation, the fund is expected to help investors achieve long-term returns under favorable market conditions.
