# ArthurYiLaunchesOpenXLabs

Hong Kong's second round of stablecoin licenses opens, but mainland China remains firm
Market sources indicate that the second batch of compliant stablecoin licenses in Hong Kong has entered the application stage.
Reliable sources reveal that Futu Securities and OSL Group are both actively vying for this batch of licenses.
This means Hong Kong is continuing to promote the compliance and financialization of stablecoins, attempting to secure a position within the global digital asset regulatory framework.
However, on the other side, policy signals remain clear. Last year, the People's Ba

#易理华成立AI基金OpenXLabs Liquid Capital (formerly LD Capital) founder Yi Lihua (Jack Yi) officially announced the establishment of the AI fund OpenX Labs on April 8, focusing on investing in and collaborating on AI projects. In the announcement, he mentioned a noteworthy shift in perspective: he once thought that opportunities for first-tier investments were gone, but now he corrects that idea — in the AI era, the golden age of first-tier investments has arrived.
A few key points:
• Subject background: Yi Lihua previously led LD Capital (now renamed Liquid Capital), with deep resource accumulat