A well-known online Financial Service platform's latest financial report shows that its encryption asset business has performed exceptionally well, with a quarter-on-quarter rise of 43%, far exceeding the average level of the TradFi industry. The company has obtained a virtual asset trading platform license in Hong Kong and successfully expanded its business to the US market.

According to the financial report, the company's total revenue reached HKD 5.311 billion, a year-on-year increase of 69.7%. Even more remarkable is that the net profit increased by over 100% year-on-year, reaching HKD 2.66 billion. Behind this impressive performance is the company's strategic layout in the encryption asset field.

The company adopts a comprehensive development strategy, building a complete ecosystem that includes custody, matching, and trading. This model meets the needs of retail investors for convenient trading while providing professional services to institutional clients. The acquisition of a Hong Kong license lays the foundation for the company's business expansion in the Asia-Pacific region, while entering the US market is a key step in the company's globalization strategy. As the largest cryptocurrency market in the world, the US has a large number of institutional clients and active trading volume.

In terms of user data, the total number of registered users of the company reached 27.12 million, a year-on-year rise of 17%. Maintaining such a growth rate in a highly competitive market environment highlights the attractiveness of the company's products. It is worth noting that against the backdrop of a general slowdown in the growth of traditional securities business, the company has successfully opened up new growth points by developing its encryption business.

The company's successful experience provides important insights for the financial service industry. The transformation of traditional financial institutions requires solid materials, including strong technical capabilities, innovative product design, and strict compliance management. Many institutions are hesitant to venture into new areas due to regulatory concerns. The gradual strategy adopted by the company is worth learning from, which is to first obtain licenses in areas with clear regulations, and then seek expansion after solidifying the foundation.

As the encryption asset market continues to mature, similar successful cases may lead a new round of transformation in the Financial Service industry.