Hong Kong asset management company BC Group's annual revenue from crypto business grows 737% year-on-year

According to Finance Magnates news, Hong Kong-based asset management company BC Group announced annual data today that the crypto asset business revenue increased by 737% year-on-year. The company offers a range of digital asset-based services, including brokerage services, automated trading and institutional crypto custody services. The data shows that the company's digital asset department generated 72 million yuan (approximately 10.15 million US dollars) in revenue in 2019, compared to only 9 million yuan (approximately 1.27 million US dollars) in 2018.