An agreement has been signed that will see Interactive Brokers offer crypto services to professional clients in Hong Kong.
Cryptocurrency exchange OSL Digital Securities has partnered with Interactive Brokers (IBKR) to provide virtual asset services in Hong Kong, according to a press release.
Interactive Brokers will offer crypto services directly to its professional trading clients in Hong Kong following the agreement.
“Investors worldwide are rallying to digital asset markets, and the collaboration with OSL comes at a key moment in the development of the regulated digital asset ecosystem in Hong Kong,” said David Friedland, head of APAC at Interactive Brokers.
“Hong Kong is one of the world’s highest concentrations of institutional and professional investors,” OSL CEO Wayne Trench added.
OSL is a subsidiary of BC Technology Group, shares of which are up by 4.39% over the past 24 hours to HK$4.04. Shares of Interactive Brokers was trading flat during after market trading at $58.92.