• Accumulus Technology (China) Co., Ltd. has been granted an investment quota outside the Chinese mainland to incorporate a virtual asset trading platform in Hong Kong.
• The Accumulus Platform provides on-exchange spot trading services for BTC, ETH, AVAX, LTC, FIL, BCH and USDT.
• Accumulus leverages resources from the Chinese mainland to advance regulation of the virtual asset industry and offer stabler expectations.
Accumulus Technology Granted Investment Quota
Accumulus Technology (China) Co., Ltd. (“Accumulus” for short), one of the Top 500 Enterprises of China, was granted an investment quota outside the Chinese mainland of over 1.1 billion HK dollars to incorporate Accumulus GBA Technology (Hongkong) Co., Ltd. (“Accumulus [Hong Kong]” for short) in Hong Kong. This signals that the company is marching into the Web 3.0 business.
The Accumulus Virtual Asset Trading Platform
Recently, the Accumulus Virtual Asset Trading Platform (The “Accumulus Platform” for short), developed and operated by Accumulus (Hong Kong), was piloted with its official website launched simultaneously. It provides on-exchange spot trading services for BTC, ETH, AVAX, LTC, FIL, BCH (six native tokens on public chains), and USDT (one stablecoin). As Hong Kong strives to serve as an international virtual asset trading hub and will launch the Virtual Asset Service Provider (VASP) licensing regime, this platform has caught more investors’ eye than ever before.
Leveraging Resources From Mainland China
Accumulus enjoys rich resources from the Chinese mainland unlike most overseas trading platforms since it dives down into fundamentals to stabilize employment and ensure living standards. In merely seven years since its foundation, it has grown into the largest online human resources service provider in China with independently developed intelligent applications featuring big data technologies which help hundreds of millions of workers find flexible jobs efficiently matching supply and demand in job marketplaces across China .
Regulation And Guidance
Accumulus stands firmly for strategic positioning of Hong Kong defined by Chinese central government following regulatory guidance from both Hong Kong Special Administrative Region Government and Securities Futures Commission(SFC). It proactively participates in global digitalization embracing regulation offering stabler expectations in terms of technological development law system protection innovation etc through formulating laws sections industrial standards researching rule of law etc at provincial level .
Conclusion
In conclusion , Acculmuls Techonolgy’s entry into web 3.0 business headquarters in Honkong leveraging resources from main land china while actively participating in global digitazation is sure to offer stability all around while serving as a great example setter .
