Alchemy Pay partners with HTF Securities to complete licensing upgrade and is authorized to provide virtual asset advisory services in Hong Kong

Global fiat currency—cryptocurrency payment solution provider Alchemy Pay announced that it has successfully completed the upgrade to a Class 4 (Securities Advisory) license with licensed Hong Kong Securities and Futures Commission (SFC) firm HTF Securities Limited, adding virtual asset advisory services. This means that HTF, based on its existing securities-related business, is officially authorized to provide compliant virtual asset consulting to institutional and retail clients, further expanding the regulated scope of digital asset services in Hong Kong.

This upgrade is a significant development following Alchemy Pay’s strategic investment in HTF Securities. The updated license scope enhances its capabilities in virtual asset compliance consulting and marks a key step in Alchemy Pay’s deployment within Hong Kong’s digital financial ecosystem. A relevant person stated that this is only the first phase of a larger regulatory expansion plan, with future steps including extending into virtual asset trading and asset management under Class 1 and Class 9 licenses.

This move aligns with Hong Kong’s recent efforts to promote the integration of digital assets into the mainstream financial system and draws on the compliance development paths of local financial institutions like HashKey. For Alchemy Pay, this is not only a regional breakthrough but also provides a more solid regulatory foundation for its fiat-to-cryptocurrency payment network, stablecoin applications, and blockchain infrastructure based on stablecoins.

As a key part of its long-term strategy in Asia, Alchemy Pay continues to strengthen its presence in the Hong Kong market. The company aims to connect traditional finance with the Web3 ecosystem through compliant infrastructure, offering safer and scalable digital asset channels for enterprises and individuals.

On a global scale, Alchemy Pay’s regulatory footprint is also accelerating. By 2025, the company has obtained multiple remittance licenses in the United States and secured key compliance qualifications in Australia, South Korea, Switzerland, and Hong Kong. These developments further solidify its position as a provider of global fiat-to-crypto payment infrastructure.