Introduction of Digital Currency Strategy
Hong Kong, August 15, 2025 (GLOBE NEWSWIRE) — Mango Financial Limited (“Mango” or the “Company”) has announced the commencement of its digital currency strategy by integrating cryptocurrency components into its financial operations.
Alignment with Government Initiatives
In line with the Hong Kong government’s initiatives to “support virtual asset innovation and enhance the tokenization of securities, funds, and real-world assets,” Mango, as a fully licensed financial entity recognized by the Hong Kong Securities and Futures Commission (SFC), is establishing a foundation in several crucial sectors to incorporate cryptocurrency. These sectors include Security Token Offerings (STOs), Real-World Asset Tokenization (RWA), Stablecoins, Virtual Asset Trading Platforms (VATPs), and Virtual Asset Fund Management.
Regulatory Compliance and Licensing
Under the current regulatory guidelines for digital assets in Hong Kong, financial institutions must secure the appropriate licenses for their activities. For traditional brokers and new trading platforms alike, obtaining these licenses is essential for operational legitimacy. As an SFC-licensed corporation (Central No. ABS838), Mango possesses Type 1 (Dealing in Securities), Type 4 (Advising on Securities), Type 6 (Advising on Corporate Finance), and Type 9 (Asset Management) licenses. This array of licenses equips Mango with a solid regulatory foundation as it plans to implement an innovative digital assets trading platform.
Launch of Digital Asset Strategy
Given this macroeconomic environment, Mango and its subsidiaries (the “Group”) are poised to advance their digital asset strategy. Following approval from its Board of Directors, the Group intends to allocate a portion of its proprietary capital to digital currency assets, with an initial focus on Bitcoin. Simultaneously, the Group will gradually investigate blockchain applications within its services, such as examining the use of stablecoins for cross-border payments and settlements, thereby enhancing its offerings through fintech innovation. This initiative aims to diversify capital allocation and secure a position in the digital asset landscape to tap into its long-term growth potential. In July 2025, the Group submitted applications to the SFC to upgrade its Type 1 and Type 4 licenses and sought to launch a U.S. dollar-denominated fund under its Type 9 license, targeting a fund size of US$100 million.
Commitment to Regulatory Standards
Mango emphasizes that its digital currency strategy will be executed strictly within the framework of its existing regulatory licenses and compliance protocols. The Company will adopt stringent risk management measures, including secure custody solutions and adherence to international Anti-Money Laundering (AML) standards, to mitigate risks associated with its digital assets. These precautions align with Mango’s enduring philosophy of “safety first, wealth preservation.”
Transparency and Future Outlook
This announcement demonstrates Mango’s dedication to transparency and its long-term vision. The Company aims to maintain open information disclosure during the strategy’s execution, offering timely updates to shareholders about its progress and reinforcing its commitment to sustainable growth. Management views this digital currency initiative as a forward-looking effort aligned with Mango’s objective of fostering innovation within a compliant framework, and aims to deliver increased value to shareholders and clients.
Important Information for Investors
North Water Investment Group Holdings Limited (“North Water“), Mango’s parent company, has entered into a Merger Agreement with Cayson Acquisition Corp. (“Cayson”) and Mango Financial Group Limited. As part of this intended merger, both Mango Financial Group and Cayson plan to file a registration statement, accompanied by a proxy statement and prospectus. Cayson shareholders are advised to review these documents to understand the implications of the proposed business combination.
