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LTP, one of many institutional institutional brokerage specializing in digital asset markets, introduced at the moment a major growth of its world regulatory imprint. The British Virgin Islands Monetary Companies Fee (BVI FSC) granted the LTP two monetary licenses pivots: the Digital energetic service supplier (VASP) License and Securities and funding firm (SIB) License – Make LTP one of many first candidates chosen for the granting of licenses beneath the British Virgin Islands' Property Service Suppliers Act, 2022.
The newly acquired BVI FSC licenses, supplementing the just lately obtained licenses from Hong Kong Securities and Futures Fee (SFC), additionally demonstrates the dedication of the LTP to offer regulated monetary providers and guarded by shoppers. As one of many few modern monetary establishments licensed to function within the funding sectors of digital property and securities beneath full regulatory compliance within the BVI, LTP continues to strengthen its place as a world of worldwide monetary providers.
“These multi-jurisdictional approvals symbolize a pivotal development in our mission to supply institutional clients with a safe and absolutely compliant business atmosphere that folds conventional and digital property,” mentioned Jack YangFounder and CEO of LTP. “Whereas the digital asset market continues to mature and achieve conventional acceptance, our widened regulatory framework permits us to offer a wider vary of regulated monetary providers whereas strengthening belief and belief amongst our world clients.”
With these regulatory approvals, the LTP is now licensed to supply a full vary of regulated monetary providers to institutional clients, particularly proprietor business firms, hedge funds, asset managers and enterprise traders. This regulatory achievement additionally solidifies the credibility and management of the LTP within the panorama of dynamic monetary providers.
For the long run, the Firm will proceed to increase its regulated service affords all through 2025 to fulfill the evolutionary wants of the institutional market and align with worldwide regulatory requirements via the primary monetary facilities.
About LTP
LTP is a worldwide main institutional brokerage firm fueling the way forward for digital asset markets. The LTP fills conventional finance and blockchain innovation by offering protected, regulated, safe and evolving options of consumers to proprietary business firms, hedge funds, asset managers and monetary establishments. The LTP actively collaborates with regulators, business companions and lecturers to advance the worldwide economic system of digital property.
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