KaiYing Network's Hong Kong Subsidiary Granted SFC Type 4 and Type 9 Licenses, Accelerating Global Expansion

On July 12th, according to official channels, Spruce Technology HK Limited, which is a wholly-owned subsidiary of Kakuyo Network, has secured the 4th (Securities Advisory) and 9th (Asset Management) licenses issued by the Securities and Futures Commission (SFC) of Hong Kong. This represents a significant milestone in its global strategy. In the future, Kakuyo Network will utilize its robust international compliance capabilities to expedite its global market expansion. Meanwhile, Kingnet AI, an AI full-process game development platform developed by SmileCobra Studio with technical support from Kakuyo Network, will fuel the innovative development of game content creation, gameplay generation, and economic system design. SmileCobra Studio will also actively venture into the domains of virtual asset management, AI collaboration tools, and Web3 game innovation. This licensing attainment showcases Kakuyo Network's compliance prowess and lays a solid foundation for constructing a trusted global gaming ecosystem and propelling the global commercialization process.