The new strategic partnership will help drive product innovations together upon obtaining relevant regulatory approval.
HONG KONG, Sept. 26, 2023 /PRNewswire/ — VDX, the up-and-coming digital asset platform trusted by global institutions, today announced a strategic partnership with MaiCapital, an SFC-licensed blockchain and virtual asset manager, to support its upcoming Security Token Offering (STO) projects. This partnership reinforces VDX’s leading position as a compliant digital asset exchange with the ability to execute complex transactions in the competitive STO space.
Upon receiving regulatory approval, VDX will support MaiCapital with its latest blockchain technology solutions as well as consult on relevant compliance challenges regarding STO projects. The partnership will increase trading volumes and liquidity and improve capital efficiency. Both VDX and MaiCapital recognize a growing interest and demand for STO project listing and operations and are committed to offering qualified investors effective and compliant products with competitive returns with maximum protection.
“It is with great pleasure to work more closely with MaiCapital to further our service capabilities in the exciting STO space. VDX is committed to bridging the Web3 space with our reliable partners in traditional finance to offer our customers greater value and better investing experience,” said Kennix Chan, Executive Director and Co-founder at VDX.
Founded in 2018 by Stanford alumni and long-time finance and technology professionals, Benedict Ho and Michael Wong, MaiCapital is an SFC-licensed virtual assets manager with Type 4 (advising on securities) and Type 9 (asset management). The company has two actively managed blockchain-themed hedge funds with more than 20 times growth in total AUM since 2019.
“Being a licensed virtual asset manager requires us to be exceptional in everything we do and working with VDX is a great way to further our reach in the digital assets space,” said Benedict Ho, Managing Partner & CEO, Co-founder at MaiCapital.
Founded in 2021, VDX is building a reliable and compliant platform bridging traditional finance and digital assets.
About MaiCapital Limited
Fully regulated by the Hong Kong Securities & Futures Commission (SFC), MaiCapital is the first SFC Type 4 & 9 asset manager in Hong Kong to have a dedicated Blockchain asset operation. We seek to employ our wealth of experience in fund management and technology to offer institutionalized investment services in the Blockchain asset market.
About VDX
Based in Hong Kong, VDX is creating a world-class digital asset platform, committed to bringing regulated, reliable, safe, and fair services to global investors and financial institutions. Bridging traditional finance and digital assets, VDX provides a trusted gateway for brokers, banks, fund managers, and family offices to access the digital asset space in a compliant way.
