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Largest U.S. Broker Launches Crypto Trading Service in Hong Kong

Crptoz by Crptoz
June 10, 2022
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Gamza Khanzadev

Interactive Brokers Sets Brand New Crypto Trading Service in Exclusive Region

It became known that Interactive Brokers, one of the largest brokerage companies in the world and the largest in the United States, entered into a strategic cooperation with OSL Digital Securities, an Asian fintech market leader. The agreement will allow Interactive Brokers to conduct operations in Hong Kong to trade virtual assets and cryptocurrencies. It is noted that the services will be provided to professional investors only.

How did this become possible?

The launch of partnerships and joint ventures was made possible by a decree issued by Hong Kong’s financial authorities last January. The document allows institutions and corporations that have passed all levels of licensing and compliance to operate digital asset investment solutions, but only in collaboration with commission-verified platforms.

In a published press release, the parties exchanged joys and compliments about each other. In particular, it was stated that the collaboration began at the same time as the digital asset ecosystem in Hong Kong was developing, and more and more investors wanted to get involved.

According to the IB representative, OSL’s knowledge and tenacity, coupled with industry expertise, will certainly help Hong Kong crypto-investors well to meet the great needs. For his part, the head of OSL stressed that Hong Kong is the right place for this landmark agreement, as global financial markets are increasingly adopting digital assets as part of the structure, and Hong Kong, as the financial center of Asia. As it does, sure. continuation of this trend.


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