Hong Kong Derlin Securities Granted Approval to Provide Virtual Asset Trading Services

BlockBeats News, December 31st, DRC Holdings (01709.HK) announced that on December 29, 2025, its subsidiary Delin Securities (Hong Kong) Limited ("Delin Securities"), in which the company holds a 70% stake, has conditionally obtained approval from the Securities and Futures Commission of Hong Kong to provide virtual asset trading services under a comprehensive account arrangement. However, Delin Securities must meet certain conditions related to its existing Type 1 (securities trading) regulated activity license before proceeding.

On December 29, 2025, Delin Securities accepted the above conditions and will engage in virtual asset trading services upon receiving formal approval from the SFC. The company is committed to promoting the upgrading of Delin Securities' Type 4 (providing advice on securities) regulated activity license. The SFC is currently in the final stages of approval, and the company will make a proper announcement after receiving the relevant approval from the SFC.