TechFlow reports that Jiang Zhaosheng, Senior Researcher at OKLink Institute, recently published an article on Ta Kung Pao, stating that while on-exchange trading still holds significant importance, crypto liquidity is gradually shifting toward OTC markets. Institutional investors and major whales now increasingly favor OTC markets for their superior liquidity. Hong Kong should maintain and strengthen its competitiveness in the OTC sector by building a safer and freer OTC market to absorb liquidity, thereby enhancing its global influence within the virtual asset and Web3 ecosystem.
According to incomplete statistics from the OKLink Institute, Hong Kong's OTC market currently handles nearly US$10 billion in transaction volume annually. Thanks to currency exchange shops—a region-specific physical service—it attracts not only young investors from around the world but also participants of middle and advanced age groups. In recent years, Hong Kong’s OTC market has drawn growing attention from users and institutions in international trade and cross-border payments, gradually becoming another key vehicle for pooling global capital into Hong Kong.
