Futu Securities currently only trades in Bitcoin (BTC) and Ether (ETH), but the company is working on plans to “expand its crypto offerings in the near future.” This development aims to increase diversity in cryptocurrency markets and offer investors more options.

Futu defines itself as Hong Kong’s largest technology brokerage firm, and with this feature, it stands out as one of the important players in the industry.

While the company offers Bitcoin and Ether transactions, it also offers shares of Chinese e-commerce giant Alibaba Group (BABA) and artificial intelligence chip manufacturer Nvidia (NVDA) as rewards, promising various rewards to customers who open an account and deposit a certain amount of money. These awards aim to expand Futu’s customer base by providing extra incentives to investors.

According to reports, Hong Kong investors who opened an account in August and deposit HK$10,000 ($1,280) within the next 60 days can choose from either HK$600 worth of Bitcoin, HK$400 worth of supermarket vouchers or a single Alibaba share.

For larger investments, investors depositing $80,000 have the option of HK$1,000 worth of Bitcoin or an Nvidia share. These reward offers are designed to encourage investors to invest heavily and increase interest in Futu’s crypto trading services.

The crypto transaction services offered by Futu are provided only in cooperation with HashKey Exchange, one of the two exchanges licensed in Hong Kong. This exchange is one of the rare platforms authorized to trade cryptocurrencies in Hong Kong.

Futu has also applied for a license to provide similar services for its subsidiary Panthertrade. Panthertrade is considered licensed by the Securities and Futures Commission, Hong Kong’s regulatory body, and is allowed to offer crypto services while awaiting full approval.

Hong Kong continues its efforts to support the cryptocurrency industry and become a global crypto hub. Recently, trading in spot crypto exchange traded products has been approved, which is considered a step that strengthens Hong Kong’s role in the cryptocurrency markets.

These new services offered by the company reflect its aim to create a broader impact on Hong Kong’s crypto ecosystem and offer attractive opportunities to international investors.

This move by Futu aims to provide cryptocurrency investors with access to more diverse and comprehensive investment options, while also strengthening the company’s competitive position in the industry.

Thanks to these strategic steps, the company aims to attract more attention from both local and international investors and plans to gain a solid place in the cryptocurrency market.