On 15 December, OSL was the first to obtain a license issued by SFC “Type 1 (Securities Trading) and Type 7 (Providing Automated Trading Services) Regulated Activities”, which means Hong Kong's first licensed virtual asset trading platform Born.

In an interview with a reporter from the Securities Daily, Dr. Zheng Lei, Director of Economic Behavior and China Policy Research Center of INERI, said: “SFC has approved the first virtual asset trading platform license this time, which is of great significance. This is a historic step, which will have a huge and positive impact on the future development of the digital economy in Asia. At the same time, it can also establish an industry compliance standard for virtual asset trading and safe custody in Hong Kong, China. " Zheng Lei told the "Securities Daily" reporter that securities tokens are essentially securities in the form of Blockchain tokens. The holders are not limited to investors and operators, but can also include users of products or services. As a kind of securities, its issuance and circulation must be carried out under supervision in accordance with the requirements of laws, regulations and administrative regulations.

"STO has huge development potential in the future, and it will be more compliant after being incorporated into securities regulatory management. In addition, STO can be traded 24 hours a day, with greater depth and breadth of liquidity. STO provides a new way for companies to issue legally and compliant certificates for financing. Traditional financial markets have many shortcomings, such as high financing costs, high barriers to entry, cumbersome procedures, long time-consuming cycles, and low flexibility and transparency. STO has found a new way to solve these problems, and the digitization of traditional assets may become a new trend in the future. " Zheng Lei further analyzed the reporter.