Solomon is the first licensed broker dealer in Hong Kong combining traditional, virtual assets trading and wealth management services into one app, marking a significant industry development. Innovatively, upgraded from the former one-stop electronic platform, Solomon Win, Solomon VA+ offers integrated financial services infrastructure designed to meet the evolving needs of next-generation and high-net-worth investors. Its launch coincides with increased institutional adoption of virtual assets in Hong Kong.
Key features of Solomon VA+ include:
- Advanced Virtual Asset Trading: Cost-effective services for various virtual assets, including spot ETFs, with in-kind/cash subscription and redemption options, 24/7 trading, and real-time market data.
- Bespoke Asset Management: Access to curated top-performing funds of international fund houses, and personalized investment advice.
- Diverse Trading Options: One account to invest in international stocks, virtual assets, funds, bonds, options, warrants, ETFs, and more. Access multi-market trading in the US, Hong Kong, and Mainland China markets, as well as HK dark pool and US pre-market/after-hours trading.
- Real-time Market Intelligence: Advanced portfolio analytics, risk assessment tools, asset allocation strategies, powered with institutional-grade market data, in-depth analytics, and expert insights for informed decisions.
- Robust Security Infrastructure: Market-leading encryption, ongoing KYC monitoring, multi-factor authentication, and advanced threat detection systems.
With virtual assets uplifted licenses from the Securities and Futures Commission (SFC) of Hong Kong, covering Type 1 (Dealing in securities), Type 4 (Advising on securities) and Type 9 (Asset management), Solomon offers a full spectrum of services for traditional and virtual assets to retail and professional investors. This accomplishment was followed by Solomon becoming one of the first three dealers participating in Hong Kong’s spot Bitcoin and Ethereum ETFs, solidifying itself as a market leader. Notably, Solomon ranks first in client holdings in spot Bitcoin and Ethereum ETFs. These achievements underscore the company’s strategic vision and leadership.
Yang Zhao, Deputy CEO of Finloop congratulated SOLOWIN on the successful launch of the new app and stated, “Finloop is delighted to collaborate deeply with SOLOWIN, empowering the digital transformation and upgrading of comprehensive financial services for Solomon VA+ with our professional wealth management product solutions. Going forward, we will continue providing digitalized one-stop wealth management platform and solution services, joining hands with SOLOWIN and industry peers to jointly drive further fintech innovation.”
The app is available from July 16, 2024. To celebrate the launch, SOLOWIN is offering exclusive benefits to early registrants including premium features and preferential terms.
About SOLOWIN HOLDINGS
Based in Hong Kong, SOLOWIN HOLDINGS is a versatile securities brokerage company strategically focused on high-net-worth investors worldwide. It offers a wide spectrum of products and services, spanning from traditional assets to virtual assets through its advanced and secure one-stop electronic platform, Solomon VA+.
Experiencing robust growth since 2021, SOLOWIN HOLDINGS has established a strong market presence through its subsidiary, Solomon JFZ (Asia) Holdings Limited (“Solomon”), licensed by the Hong Kong Securities and Future Commission. Solomon JFZ empowers the Company to deliver unparalleled one-stop financial solutions to both individual investors and corporate clients. The diversified offerings include Securities Brokerage, Investment Banking, Asset Management, Virtual Assets, and FinTech Services. For more information, visit the Company’s website at http://ir.solomonwin.com.hk.
About Hundsun Ayers
Hundsun Ayers, headquartered in Hong Kong, is a wholly owned subsidiary of Hundsun Technologies Inc. (SHA: 600570). With the mission to “Make Finance Easy”, Hundsun Ayers provides comprehensive solutions and services for over 200 clients. Operating across the Asia-Pacific region, Hundsun Ayers supports clients in achieving sustainable and scalable growth through continuous innovation and R&D.
About Finloop
Finloop Finance Technology Holdings Limited (“Finloop”) is a premier digital wealth management platform based in Hong Kong. It offers comprehensive wealth management products and technology solutions to a diverse range of financial institutions, including commercial banks, securities companies, cross-border e-commerce, family offices, wealth management companies, insurance brokerage companies, fund companies, among others. Leveraging its proprietary technology platform, Finloop provides comprehensive wealth management products such as cash management, public funds, private funds, structured products, bonds, insurance and virtual assets.
Finloop is a leader in the financial technology sector in Asia, known for its industry-leading research and development capabilities and solution implementation. It stands out as the only financial technology capable of providing a one-stop wealth management platform and solutions. Finloop is committed to becoming most trusted wealth management partner for its customers and to driving innovation and development of the wealth management industry.
