Quick Breakdown:
- Eddid Financial gains SFC approval to manage funds with up to 100% digital assets.
- The group plans to launch a fully crypto-based fund with stablecoin subscriptions.
- The move strengthens Hong Kong’s position in regulated digital asset management.
Eddid Financial has secured approval from Hong Kong’s Securities and Futures Commission (SFC) to uplift its Type 9 license, allowing its subsidiary, Eddid Securities and Futures, to expand into full-scale digital asset management. The move positions the firm among the limited number of financial institutions in Hong Kong authorized to both deal in and manage digital assets.
License Uplift Enables 100% Crypto Fund Management
The license upgrade grants Eddid Financial the ability to manage portfolios with more than 10% exposure to crypto assets—previously a regulatory ceiling under traditional asset management rules. This authorization extends to funds with up to 100% digital asset holdings, significantly broadening the firm’s capacity to serve institutional investors and high-net-worth clients seeking regulated access to the crypto market.
The Group is preparing to launch a 100% digital asset fund that will invest in a diversified mix of cryptocurrencies and related products. To increase efficiency, the fund will support stablecoin-based subscriptions and redemptions, reducing foreign exchange costs, improving settlement speed, and offering greater flexibility in capital flows.
Strengthening Hong Kong’s Digital Finance Ecosystem
Alongside its asset management expansion, Eddid Financial reaffirmed its commitment to compliance with anti-money laundering and counter-terrorism financing standards. The Group is also integrating its services with licensed virtual asset trading platforms to provide a seamless bridge between traditional financial markets and digital assets.
Future plans include broadening its digital finance offerings with security token offerings (STOs), tokenized real-world assets (RWA), tokenized bonds, market-making services, and cryptocurrency funds. By advancing these initiatives, Eddid Financial aims to play a central role in shaping Hong Kong’s digital asset infrastructure while meeting growing global demand for compliant crypto investment products.
Notably, Eddid Financial recently announced a strategic partnership with EXIO Limited, one of Hong Kong’s first fully licensed virtual asset trading platforms. This collaboration aims to enhance trading efficiency and liquidity within the city’s digital asset market. Under the partnership, Eddid will provide liquidity support and settlement services for EXIO’s virtual asset transactions.
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