KaiYing Network's Hong Kong Subsidiary Granted SFC Type 4 and Type 9 Licenses, Accelerating Global Expansion
BlockBeats News, July 12th, according to official sources, Spruce Technology HK Limited, a wholly-owned subsidiary of Kakuyo Network, has obtained the 4th (Securities Advisory) and 9th (Asset Management) licenses issued by the Securities and Futures Commission (SFC) of Hong Kong, marking a significant breakthrough in its global strategy. In the future, Kakuyo Network will leverage its strong international compliance capabilities to accelerate its global market expansion.
At the same time, Kingnet AI, an AI full-process game development platform developed by SmileCobra Studio with technical support from Kakuyo Network, will empower the innovative development of game content creation, gameplay generation, and economic system design.
SmileCobra Studio will also actively expand into the areas of virtual asset management, AI collaboration tools, and Web3 game innovation. This licensing achievement highlights Kakuyo Network's compliance strength, laying a solid foundation for building a trusted global gaming ecosystem and driving the global commercialization process.
You may also like

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

The toll station at Hormuz and the RMB that cannot be bought

Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point

Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun

Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations

a16z Crypto: What We See Behind the $2.2 Billion New Fund

Web3 is dead, Web2+3 should rise

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android
To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

BVNK Founder: Three Stages of Stablecoin Development

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.

The Rise of Composable RWA

MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.

