Geometry Capital HK is approved for Type 4 and Type 9 licenses by the Hong Kong Securities Regulatory Commission

On May 21, Geometry Capital's wholly-owned subsidiary, Geometry Capital (Hong Kong) Limited, received approval from the Securities and Futures Commission (SFC) of Hong Kong to engage in regulated activities related to virtual assets under licenses 4 and 9, effective May 20, 2024.

Geometry Capital can manage investment portfolios consisting of 100% virtual assets under license 9 in Hong Kong, and can provide investment advice on virtual assets under license 4.

It is reported that Geometry Capital has been investing in the field of new technologies since 2013, and its core team has been focusing on investments in the encryption field since 2018. Its strong VC genes and encryption-native nature are its unique characteristics compared to other licensed crypto asset management firms in Hong Kong. In contrast to the traditional path of upgrading virtual asset-related services based on licenses 4 and 9 in Hong Kong, Geometry Capital has taken a "one-step approach" by directly applying for a license to engage in regulated activities related to virtual assets under licenses 4 and 9 in Hong Kong.