Reportedly, Beijing-based Tiger Brokers, and Shenzhen-based Futu, are the two biggest online brokerage firms from China to step into the global crypto trading market. According to the reports shared by SCMP, Tiger Brokers and Futu will be competing straight away with global players like Robinhood and eToro. The two companies Tiger Brokers and Futu have also applied for local licenses in Singapore and the U.S.