Hong Kong business renamed xWhale to apply for licence, Valuable Capital Limited under Sina, is A Major Investor
With the imminent arrival of the Virtual Asset Service Provider (VASP) licensing regime in Hong Kong, Web3 trading platform – xWhale announces that it has reached a strategic agreement with Valuable Capital to change the name of BusyWhale’s Hong Kong business to xWhale, and intends to apply for a VASP license and a SFC Type 7 license (to provide automated trading services), officially launching the era of complied Web 3.0. The former BusyWhale global business will be transformed into a pure Defi platform.
香港业务更名为xWhale拟申请牌照，新浪旗下华盛证券为主要投资人
BusyWhale香港业务易名为xWhale，锁定新浪旗下香港华盛证券投资，并拟申请VASP牌照，以及证监会第7类牌照（提供自动化交易服务），正式展开合规Web 3.0时代。原BusyWhale全球业务将转型为纯Defi平台。