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The average monthly turnover of Shengli Securities’ virtual asset business reaches US$10 million, with Bitcoin investment accounting for 80%

The average monthly turnover of Shengli Securities’ virtual asset business reaches US$10 million, with Bitcoin investment accounting for 80%

Cointime2023/12/30 07:53
By: Cointime
BTC+0.51%

Chen Peiquan, the executive director of Victory Securities, revealed that since the company launched virtual asset trading services, the monthly average turnover has reached 10 million US dollars, and its virtual asset business has been profitable. He believes that the relevant customers will maintain a multiple growth rate next year. Chen Peiquan said that currently, investors mainly invest in Bitcoin, accounting for 80% of the company's overall virtual asset investment. Chen Peiquan also revealed that Victory Securities will integrate its stock and virtual asset platforms next year to achieve a one-stop platform for investors to buy and sell virtual assets. Next year, Bitcoin will experience a halving once every four years, and with the possibility of the Federal Reserve launching an interest rate cut cycle, it is believed that virtual assets will usher in another bull market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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