Futu Securities has received an upgrade approval to its Hong Kong Securities and Futures Commission Type 1 license in June 2026, becoming the city’s first brokerage to offer qualified clients financing for crypto trading. The company’s pitch is not just that stocks, ETFs and cryptocurrencies can appear on the same screen, but that investors can move buying power across asset classes with fewer transfers between brokers, exchanges, wallets and banks. At Bitcoin Asia 2026, Futu outlined three product tracks: funding stock purchases with crypto deposits, using pledged securities to obtain financing for crypto trades, and in-kind subscription and redemption for crypto ETFs. The setup keeps margin financing and client credit assessment on the brokerage side, while trade execution and custody for digital assets sit with a licensed virtual asset trading platform. The article also places Futu’s strategy against tokenized stock offerings from offshore exchanges such as Kraken and OKX. It argues that Futu is taking a licensed route into real brokerage infrastructure rather than offering price-linked on-chain stock tokens. That distinction, according to the report, centers on shareholder rights, legal certainty and whether assets can move directly into the traditional financial system.

OpenEden’s token EDEN posted a sharp rally after South Korea’s largest crypto exchange, Upbit, listed the asset on Aug. 10. The real move came on Aug. 14, when EDEN surged 92.04% in a single day and briefly reached $0.086. Even so, the token remains far below the $1.4 opening level seen when it debuted on Binance on Sept. 30, 2025, and still sits under one-tenth of that peak. The price action has put renewed attention on a long-running question around OpenEden’s model: why has growth in underlying real-world assets not translated into stronger token value? Founded in 2022 by former Gemini Asia Pacific executives Jeremy Ng and Eugene Ng, OpenEden built a compliant on-chain infrastructure focused on tokenized U.S. Treasuries and other fixed-income products. Its main offerings now include TBILL, USDO and HYBOND, with TBILL alone holding about $253 million in TVL. Revenue data helps explain the disconnect. According to DefiLlama, TBILL generates around $310,000 in annualized revenue, while OpenEden’s total revenue in the second quarter of 2026 came to $431,000. Of that, $292,000 came from underlying asset yield, while management fee revenue was only $39,600. Most of the economic value flows to holders of TBILL and USDO, not to the protocol itself. EDEN, for its part, is used for governance, staking and ecosystem incentives, with no direct claim on protocol revenue.

Hong Kong’s SFC plans to let licensed platforms offer crypto perpetual contracts under strict controls, with access limited to professional and institutional investors. Bitcoin and Ether are set to be the first approved crypto collateral.

Futu Holdings' PantherTrade receives full SFC approval and integrates deeply with Futu Securities, creating Asia's first licensed securities broker and crypto exchange. Crypto holdings may be used as collateral for traditional stock trading.

Hong Kong's Securities and Futures Commission (SFC) has released a new regulatory framework for tokenized investment products, allowing licensed virtual asset trading platforms to trade SFC-recognized tokenized open-end funds and explore OTC arrangements. As of March 2026, 13 tokenized products have been issued, managing HK$10.7 billion in assets.

Hong Kong licensed VATP EX IO has partnered with tokenization platform Anchored to issue tokenized U.S. stocks pegged 1:1, including Apple and Nvidia. The service supports 24/5 trading and fractional shares, making EX IO the first Hong Kong licensed exchange to offer tokenized stock trading.

Polymesh is an institutional-grade permissioned blockchain designed for security tokens. With 1.05B POLYX in circulation and an all-time high of $0.75, this article analyzes its technology, tokenomics, and market prospects.

Futu has expanded its crypto business in Hong Kong by securing a VATP license, integrating its self-built PantherTrade platform, and launching AI-driven trading tools. The move strengthens its cross-asset strategy linking stocks and digital assets under one account.