Xinhuo Trust, a subsidiary of Xinhuo Technology, has comprehensively upgraded its bank account system and provided new digital asset custody services to institutional investors."
February 7 news, Xinhuo Technology Holdings Co., Ltd.(referred to as "Xinhuo Technology", stock code: 1611.HK) announced that its wholly-owned subsidiary Xinhuo Trust Co., Ltd.(referred to as "Xinhuo Trust") has comprehensively upgraded its bank account system to provide institutional investors with convenience, fast and cost-effective legal currency custody services with the same name, supporting multiple currencies such as US dollars, Hong Kong dollars, and New Currency, making it convenient for various funds and asset management institutions to open legal currency accounts and meet fund audit requirements. It is reported that Xinhuo Trust holds a Hong Kong Trust or Company Service Provider (TCSP) license and can provide regulated digital asset custody services in Hong Kong.
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