Victory Securities to market virtual asset structured products
These products enable investors to have higher potential returns.
Victory Securities has secured consent from the Securities and Futures Commission to market and distribute cash-settled virtual asset-structured products to investors.
These products, under specific market conditions, enable investors to have higher potential returns, manage risks, and achieve objectives including arbitrage.
Additionally, whilst clients are already subscribed to money market funds through the VictoryX app, the company plans to facilitate those who hold stablecoins to earn stable returns through specified products and services.
The offerings are expected to be launched respectively by the end of the year.