Futu Holdings Unveils PantherTrade: Pioneering Integrated Financial Services and Web3 Advancement in Hong Kong

Futu Holdings today announced the official launch of PantherTrade, its wholly-owned and self-built virtual asset trading platform. This strategic new venture is set to integrate fully with Futu Securities, the group’s Hong Kong retail brokerage arm, to provide robust support for virtual asset trading matching, secure asset custody, and advanced technical solutions.

A Landmark in Integrated Finance and Web3 Strategy

According to an official statement, PantherTrade stands as Hong Kong’s first virtual asset trading platform to be incubated by a brokerage firm and operate under full regulatory license. Its deep integration into the broader Futu ecosystem represents a pivotal step in the group’s ambitious Web3 strategy. This move positions Futu to establish Hong Kong’s, and indeed Asia’s, first comprehensive financial services platform licensed to operate both “securities brokerage” and a “virtual asset exchange” concurrently.

Currently, Futu Securities clients can seamlessly manage their investments across traditional stocks and cutting-edge on-chain products through the intuitive Futu NiuNiu App, enjoying an efficient and unified cross-asset investment experience.

Empowering High-Net-Worth Clients and ETF Issuers

PantherTrade is designed to enhance Futu Securities’ private wealth management offerings, delivering more in-depth and customized virtual asset services to high-net-worth clients. This includes, but is not limited to, over-the-counter (OTC) large-block transactions and bespoke virtual asset products tailored to specific client needs.

Furthermore, Futu will provide virtual asset ETF issuers with an end-to-end, full-lifecycle solution. This comprehensive offering spans from Initial Public Offerings (IOPs) and integrated “on-chain + off-chain” trading to traditional and virtual asset custody, and even staking services. By covering every stage of the product lifecycle, Futu aims to ensure seamless process integration, foster synergistic efficiencies, and significantly boost issuance and circulation effectiveness for these innovative financial products.

Innovating for the Future: 24/7 Trading and Advanced Products

PantherTrade is actively engaging with regulatory bodies to introduce groundbreaking services. Future plans include launching the world’s first compliant tokenized money market fund secondary market with 24/7 trading capabilities. The platform is also exploring the provision of advanced products, such as perpetual contracts, specifically for professional investors.

Introducing Virtual Asset Margin Trading

In another significant development, Futu Securities has announced plans to roll out a securities financing service for virtual asset trading. This innovative feature will allow clients to collateralize their existing securities and fund purchasing power to obtain virtual asset financing, enabling them to trade virtual assets without needing to adjust their current portfolio holdings. This offers investors unparalleled flexibility to increase their exposure to the dynamic virtual asset market.

Futu’s Vision: Bridging Traditional Finance and Web3

“With the deep integration of our self-built compliant virtual asset exchange, Futu is rapidly becoming a crucial bridge connecting traditional finance with the burgeoning world of virtual assets,” stated Zeng Yuchao, Managing Director of Futu Group. “This marks the dawn of a new era for investors, offering seamless, cross-asset class allocation, while simultaneously bolstering Hong Kong’s stature as a leading Web3 and digital asset hub in Asia.”

Zeng Yuchao further affirmed Futu’s commitment: “We will steadfastly uphold the highest standards of compliance and security. Driven by technological innovation, we will continue to foster the synergistic evolution of traditional finance and virtual assets, ultimately creating a smarter, more inclusive, and forward-looking investment ecosystem for investors across Hong Kong and globally.”