Fusang Exchange, which is a subsidiary of the Fusang Group, is a young company actively building products to support the digital securities sector. This includes a digital exchange, targeted towards Asian investors.
Notably, the Fusang Group recently became the first company to receive a Malaysian licence to both offer and trade digital securities. This licence is unique, as it allow for Fusang to not only trade digital securities, but to host brand new ones for the first time. A traditional broker/dealer licence only allows for its holder to trade digital securities which have already been launched elsewhere.
The aforementioned licence was bestowed upon Fusang by the Lubuan Financial Securities Authority – the Malaysian regulatory body tasked with enforcing financial compliance.
Fusang is a Hong Kong based company, which was launched in 2015. Company operations are currently overseen by CEO, Henry Chong.