On May 21, it was reported that Geometry Capital (Hong Kong) Limited, a wholly-owned subsidiary of Geometry Capital, received approval from the Hong Kong Securities and Futures Commission (SFC) on May 20, 2024 to engage in regulated business No. 4 and No. 9 with virtual assets as the core. Geometry Capital can manage a portfolio that invests 100% in virtual assets under the Hong Kong No. 9 license plate and provide investment advice on virtual assets under the Hong Kong No. 4 license plate. It is reported that Geometry Capital (Geometry Capital) first started to engage in VC investment in the new technology field in 2013, and its core team began to focus on crypto investment in 2018. Its strong VC gene and crypto native are the characteristics that distinguish it from other Hong Kong-licensed crypto asset management. Compared with the Hong Kong industry's path of upgrading virtual asset-related services on the basis of traditional No. 4 and No. 9 licenses, Geometry Capital has taken a "one-step" direct application to engage in virtual asset-centered regulated business licenses No. 4 and No. 9 in Hong Kong.
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