Hyperion and GLOBEX TRADING Launch Partnership Implies Future Foray into Hong Kong Virtual Assets Market
Hong Kong/ 09 APR 2021 — Hyperion and Globex Trading Limited are pleased to announce a partnership and reveal a tendency to dabble in operate a virtual asset trading platform in the Hong Kong crypto market. The partnership will extend the applicable markets and liquidity for Hyperion tokens and envisage an HK-based, secured and approved virtual asset trading platform.
Given the Hong Kong government has explicitly announced the consideration of extending the anti-money laundering / counter-terrorist financing requirements to include cryptocurrencies provider in the Financial Secretary’s 2020–2021 budget speech. With the introduction of the newly proposed regulatory framework in November 2020, the registration of crypto exchanges and cryptocurrencies, which have been classified as virtual assets, will be regulated.
Seeing professional investors, hedge funds, and family offices are now rapidly increasing portfolio allocations to digital assets like Bitcoin and Ethereum, licensed entities become the future of digital assets and capital market in the digital era. Trading of tokens will be subject to the regulatory bodies’ oversight in due course.
Globex Trading limited is a licensed cryptocurrency trading platform based in Hong Kong, which will permit Globex Trading to operate brokerage and automated trading service for digital assets, which will soon commence trading security tokens. The company is on track to become the publicly listed, insured digital asset platform.
Hyperion otherwise has the self-built Mainnet Atlas, bridged with MDEX and more ETH-supported trading platforms. Featuring the cross-chain bridge will increase asset liquidity of Hyperion tokens will further benefiting users from having more prominent exposure in the virtual asset market and engaging in more applicable scenarios.
To cooperate with Globex Trading allows Hyperion to gain a firm foothold in the Hong Kong crypto market. Obtaining the validity and legitimacy will bring in more liquidity ，client’s interest and enable Hyperion to further its mission and scale to new heights.