m88 recently assisted Arta Global Markets Limited ("Arta") in successfully upgrading its Type 1 license issued by the Hong Kong Securities and Futures Commission ("SFC"). With the upgraded license, Arta can now offer virtual asset trading services to its clients through omnibus account arrangements. This is an important step for Arta in the virtual asset sector and is another successful case of m88 assisting clients in developing compliant virtual asset businesses under the regulatory framework of the SFC. The completion of the license upgrade demonstrates Arta's strong support and active participation in the standardized development of the virtual asset industry.
m88 acted as legal counsel to Arta and assisted the company in preparing the application documents, updating its internal policies and communicating with the SFC. Arta can now provide virtual asset trading services to clients through omnibus account arrangements, which means more financial options for investors.
Arta is a subsidiary of ARTA TechFm88 Corporation Limited (HKEX: 279) and offers diversified services m88cludm88g securities brokerage, corporate fm88ance, and asset management m88 Hong Kong and global markets. By keepm88g up with fm88tech trends, it has created an m88tegrated fm88ancial service platform by combm88m88g technology and traditional values. This license upgrade further enhances Arta's advantages and sets a benchmark for the standardized development of virtual asset tradm88g services.
m88 partner Qiao Zheyuan said, "We are honored to provide legal support for Arta's Type 1 license upgrade. We will continue to work with our clients, actively respond to regulatory developments and explore innovative practices in the virtual asset field."
PartnerQIAO, Zheyuan (Jacquelm88e)led the m88 team.
Our team has extensive experience in virtual asset regulation and provides services related m88 SFC license applications (including Type 1 and Type 7 licenses) and virtual asset-related license upgrades (Type 1, 4 and 9 license upgrades). We offer professional advice m88 clients who are considering or applying for virtual asset-related license upgrades. If you have any questions regarding the SFC's virtual asset regulations or require more information, please feel free m88 contact us.
