MicroBit is absolutely licensed by the Securities and Futures Fee of Hong Kong (SFC) for Sort 1 (Dealing in Securities), Sort 4 (Advising on Securities), and Sort 9 (Asset Administration) regulated actions.
The Baker McKenzie group was led by companion and World Chair of the Agency’s Monetary Companies Regulatory Follow, Karen Man. The core deal group members included: companion Sophia Man, particular counsel Samantha Lai and affiliate Samantha W.S. Lai.
Commenting on the deal, Karen stated, “Amid rising investor curiosity in digital property, the launch demonstrates MicroBit’s dedication to creating digital property extra accessible to satisfy the long run calls for of its shoppers and the broader funding neighborhood. We vastly worth the chance to have supported MicroBit on this transaction, which not solely advances Hong Kong’s ambition to develop into a worldwide digital property hub, but additionally displays our Agency’s deep experience and intensive expertise in digital property.”