US based digital asset custodian expands Hong Kong operations with partnerships from venture capital firms

US based digital asset custodian, Aegis Trust & Custody, announced today (1 August 2023) that it has expanded its Hong Kong operation with strong partnerships from two prominent venture capital firms to strengthen its global position as digital asset custodian.

Aegis Trust & Custody provides comprehensive, regulated and insured asset custodial solutions to institutional investors worldwide. The company obtained the Trust or Company Service Provider Licence (TCSP) in 2019 in Hong Kong. Since then, it has made remarkable progress in expanding its operations in the city, according to its founder and chief executive officer, Ms Serra Wei.

She said, "Hong Kong stands as a leading international financial hub equipped with a sound and robust financial regulatory regime, an expertly skilled workforce, and an absence of capital control. The city is also situated at the heart of Asia and in close proximity to Mainland China, making it an ideal choice for expanding our operations in the region."

She added, "With the help from Invest Hong Kong (InvestHK), we have successfully secured partnerships from two venture capital firms. It represents a major milestone for us to propel the company closer to its goal of becoming the premier custodian for digital assets worldwide. We will continue to leverage Hong Kong’s unique advantages to attract more institutional clients around the globe to the city."

The Acting Director-General of Investment Promotion, Dr Jimmy Chiang, said, "Hong Kong government is committed to developing the city as a global virtual assets hub. Together with its vibrant Fintech ecosystem, the city is the ideal location for digital financial services providers, like Aegis Trust & Custody, to rapidly scale-up their business in the region."

About Aegis Trust & Custody

Established in 2018, Aegis is a US based asset custodian company specialised for virtual assets, providing institutional grade custody, in-custody staking and in-custody execution solutions. It has offices in the US, Hong Kong, Singapore and Taiwan. Aegis utilises its TCSP license in Hong Kong and South Dakota Charter in the US to hold all digital assets in segregated and transparent custody accounts. For more information, please visit www.aegiscustody.com.

About InvestHK

InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.

For a photo, please visit www.flickr.com/photos/investhk/albums/72177720310144552.

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01.08.2023
01.08.2023
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