APX.HK launched in HK as a leading Virtual Assets Exchange focusing on Regulatory Compliance

Published : Thursday, September 19, 2019, 10:51 am
ACROFAN=PRNewswire | | SNS

HONG KONG, Sept. 19, 2019 /PRNewswire/ -- Mr. Alec Tsui, the former Chief Executive Officer of the Stock Exchange of Hong Kong, has joined GlobalSTOX Limited ("GSL") recently. GSL is a rising star fintech company headquartered in Hong Kong. It has been striving to innovate the financial market infrastructures with the cutting-edge technologies, including the Artificial Intelligence (AI), Blockchain and Internet of Things (IoT) technology. GSL has recently launched a fully compliant virtual asset trading platform named APX.HK in Hong Kong. APX.HK highlights its features of compliance and security, and strictly complies with the guidelines of Hong Kong Securities and Future Commission's (HK SFC) on the virtual asset trading platform (Sandbox Regulation). As the world's leading compliant virtual asset exchange, APX.HK commits to build a solid platform to gain complete confidence of professional investors, including sovereign funds, pension funds, hedging funds, family office and high net worth individuals.

APX.HK is firmly backed by GSL, who has strong management, consultancy and technical teams. The team members of GSL include Mr. Thomas Cheung, the Hong Kong Deputy of the National People's Congress of China, Mr. Jay Liang, the Co-chairman of Hong Kong Blockchain Association, Mr. Tony Tong, the Founder of PacificNet (the 2nd Hong Kong internet company listed on NASDAQ), Mr. Alec Tsui, the former Chief Executive Officer of the Stock Exchange of Hong Kong, Mr. Stephen Suen, the former Director of Enforcement Department of HK SFC, Mr. Danny Deng, the Chairman of Tai Yi Group , Mr. Charlie Lee, the Chief Technology Officer of Coinbase and also the Litecoin founder, and other veterans in financial and Blockchain industry.

Recently, the Hong Kong Stock Exchange (HKEX) intends to expand its business scope into virtual asset trading area and Blockchain by making an indicative takeover bid to London Stock Exchange (LSE) with bid price of US$36.6 billion. LSE and its mother company, have been putting big efforts on applications of Blockchain technology into capital markets these years. They are developing the first settlement system of crypto currency pricing bonds. This big acquisition would inevitably empower HKEX with Blockchain technology. HKEX's action will attract other traditional financial institutions into crypto world. Meanwhile these financial institutions will pay more attentions on the compliance and security of crypt world.

APX.HK is committed to being a leading compliant, secure and trustworthy virtual asset trading platform, and also deeply participating in constructing Hong Kong as a global digital economy harbor.

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