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Kaiying Network's subsidiary obtains dual licenses from the Hong Kong SFC, laying out plans for AI game development and Web3 innovation.
According to official news, Spruce Technology HK Limited, a wholly-owned subsidiary of Kaiying Network, has obtained the No. 4 (Securities Advice) and No. 9 (Asset Management) licenses issued by the Hong Kong Securities and Futures Commission (SFC), marking an important breakthrough in its globalization strategy. In the future, Kaiying Network will rely on its strong international Compliance capabilities to accelerate the expansion into global markets.
At the same time, the AI full-process game development platform Kingnet AI, developed by SmileCobra Studio and supported by technology from Kaiying Network, will assist in the innovative development of game content creation, gameplay generation, and economic system design.
SmileCobra Studio will also actively layout in the fields of virtual asset management, AI collaboration tools, and Web3 game innovation. This licensing demonstrates the compliance strength of Kaiying Network, laying a solid foundation for building a trustworthy global gaming ecosystem and promoting the global commercialization process.