Kingnet's Hong Kong subsidiary receives Type 4 and Type 9 licenses from the SFC, accelerating its global expansion
Odaily Planet Daily News According to official news, Spruce Technology HK Limited, a wholly-owned subsidiary of Kaiying Network, has obtained the No. 4 (Securities Opinion) and No. 9 (Asset Management) licenses issued by the Securities and Futures Commission (SFC) of Hong Kong, marking an important breakthrough in its globalization strategy. In the future, Kaiying Network will rely on its strong international compliance capabilities to accelerate the pace of global market expansion. At the same time, Kingnet AI, an AI full-process game development platform developed by SmileCobra Studio and technically supported by Kaiying Network, will help the innovative development of game content creation, gameplay generation and economic system design. SmileCobra Studio will also actively deploy in the fields of virtual asset management, AI collaboration tools and Web3 game innovation. This license demonstrates the compliance strength of Kaiying Network, lays a solid foundation for building a trustworthy global game ecosystem, and promotes the global commercialization process.