Alchemy Pay, an encrypted payment service provider, announced that it has cooperated with ZD Group, the parent company of investment fund Mouette Securities. ZD Group will provide investment to Alchemy Pay and share its four financial licenses issued by the Hong Kong Securities Regulatory Commission and the Insurance Regulatory Authority. Alchemy Pay will provide cryptocurrency payment solutions for all ZD Group businesses. The financial licenses that ZD Group has shared with Alchemy Pay include Type 1, Type 4 and Type 9 financial service licenses issued by the China Securities Regulatory Commission, covering the fields of securities trading, securities consulting and asset management, and are mandatory licenses for financial investment business in Hong Kong. Alchemy Pay will also share the insurance broker license issued by the Hong Kong Insurance Authority and help Alchemy Pay develop potential insurance business.