Latest news with #HashKeyGroup
Malay Mail
5 days ago
- Business
- Malay Mail
HK-listed IVD Medical Invests HK$149M in Ethereum through HashKey Exchange
Block Trade Execution: Access to highly efficient and cost-effective ETH execution via HashKey OTC. Liquidity Provision: Support for large-scale transactions through HashKey Exchange's global liquidity network. Asset Optimization Initiatives: Explore yield-enhancement opportunities, including ETH staking, restaking, and DeFi yield strategies, in collaboration with HashKey Cloud, the Web3 infrastructure arm of HashKey Group. HONG KONG SAR - Media OutReach Newswire - 9 August 2025 - HashKey Exchange, Hong Kong's largest * licensed virtual asset trading platform, has entered into a strategic partnership with IVD Medical Holdings Limited ( a publicly listed company on the Hong Kong Stock Exchange. The two parties will collaborate to advance enterprise-level digital asset adoption and explore new models for integrating blockchain with industrial Medical has made a pioneering move with a HK$149 million Ethereum purchase via HashKey Exchange. With access to trading and liquidity services provided by HashKey Exchange, IVD Medical is poised to become a pioneering "Ethereum treasury" among HK-listed companies. This partnership also marks a further step by HashKey Exchange in advancing the compliant adoption and integration of digital assets within traditional industries and Hong Kong's capital areas of collaboration include:Randall Chan, VP of HashKey Exchange, commented:Gary Deng, Chief Strategy Officer of IVD Medical, added:Hashtag: #IVDMedical #HashKeyExchange The issuer is solely responsible for the content of this announcement. About HashKey Exchange HashKey Exchange is setting a new benchmark for virtual asset trading platforms with its commitment to regulatory compliance, fund security, and platform safety. Operated by Hash Blockchain Limited, it is one of the first licensed retail virtual asset exchanges in Hong Kong. The platform is fully regulated by the Securities and Futures Commission (SFC), holding Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) licenses under the Securities and Futures Ordinance, as well as a virtual asset trading platform license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. As the flagship business of HashKey Group, HashKey Exchange offers a one-stop trading platform for both professional and retail investors. The exchange is certified under ISO 27001 (Information Security Management) and ISO 27701 (Privacy Information Management), ensuring the highest standards of operational and data security. In strict compliance with applicable regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions. * As of August 8, 2025, HashKey Exchange ranks 17th on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.
Yahoo
15-07-2025
- Business
- Yahoo
HashKey OTC Global Posts Robust Growth in Revenue and Transaction Volume
SINGAPORE, July 15, 2025 /PRNewswire/ -- HashKey OTC Global, an OTC trading platform under HashKey Group, announced today that in the first 6 months of 2025, transaction volume increased by 140%, revenue increased by 246% year-over-year, while the number of users doubled. These milestones showcase the strong market presence for HashKey OTC Global, which operates as a regulatory compliant trading desk specializing in bespoke digital asset spot trading services for professional and institutional investors. Positioned at the intersection of traditional finance (TradFi) and Web3, HashKey OTC Global provides a secure and efficient on/off-ramp solution for crypto and fiat transactions. HashKey OTC Global serves a diverse range of clients, including hedge funds, family offices, payment processors, e-commerce businesses, cross-border trading companies, and commodity trading firms seeking deep liquidity, competitive pricing, and seamless settlement. These clients, among others, leverage HashKey OTC Global's licensed on/off-ramp services to mitigate counterparty risks, access stable banking rails, and execute large-volume trades with minimal slippage. HashKey OTC Global demonstrates its capacity to support high value institutional transactions as the platform's highest single-week volume has approached $200 million, reflecting strong market demand and deep liquidity access. It supports multicurrency settlements, including major fiat currencies and stablecoins, enabling fast and cost effective conversions for global clients. The recent milestones underscore the growing trust in regulated OTC platforms, particularly as institutions seek alternatives to fragmented liquidity sources. With connections to major financial institutions, HashKey OTC Global ensures competitive pricing, smooth settlement, and adherence to global regulatory standards, key factors driving its expanding market share. "HashKey OTC Global is committed to redefining institutional crypto services by combining TradFi reliability with Web3 innovation. Its fully compliant framework ensures that clients can transact securely while accessing deep liquidity and competitive execution—bridging the gap between traditional finance and digital assets," Chao Deng, CEO of HashKey OTC Global. HashKey OTC Global operates under full regulatory compliance, holding licenses from leading authorities such as Monetary Authority of Singapore (MAS), Japan's Financial Services Agency (JFSA), and Dubai's Virtual Assets Regulatory Authority (VARA). These approvals ensure clients benefit from a secure, globally recognized trading environment. Additionally, the company partners with top-tier banks and compliance firms like Moody's and Chainalysis to maintain robust KYC/KYT measures, reinforcing trust and transparency in every transaction. By combining regulatory excellence with cutting-edge technology, HashKey OTC Global has established itself as a preferred partner for institutions navigating the evolving digital asset landscape. About HashKey OTC Global At HashKey OTC Global, the over-the-counter (OTC) trading arm of HashKey Group, we serve as your trusted partner in the world of digital assets. With a strong legacy and reputation, we focus on providing regulatory-compliant digital asset trading services to professional investors, institutions, and high-net-worth individuals. View original content: SOURCE HashKey OTC Global Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Coin Geek
15-07-2025
- Business
- Coin Geek
Coins.ph and HashKey Group team up to launch 24/7 remittance corridor between the Philippines and Hong Kong
Homepage > News > Business > and HashKey Group team up to launch 24/7 remittance corridor between the Philippines and Hong Kong Getting your Trinity Audio player ready... Manila, Philippines, July 15 — the leading cryptocurrency exchange and digital wallet in the Philippines, has announced a landmark partnership with HashKey Group, operator of Hong Kong's largest* licensed crypto exchange, HashKey Exchange. This collaboration marks HashKey Exchange's strategic entry across Southeast Asia and sets the stage for a new era of compliant, digital asset-powered cross-border infrastructure between two of Asia's most dynamic economies. The partnership aims to establish a seamless, fully regulated, and always-on corridor for users to move funds between the Philippines and Hong Kong. By directly integrating and HashKey Exchange, users will soon be able to access near-instant on and off-ramps between Philippine Pesos (PHP) and Hong Kong Dollars (HKD), significantly reducing friction for remittances, payments, and broader digital asset flows. 'This partnership is a game-changer not only for crypto users but for the millions of Filipinos with strong ties to Hong Kong,' said Wei Zhou, CEO of 'Through platform in the Philippines and with HashKey's fully licensed infrastructure in Hong Kong, we're building a 24/7 crypto-powered bridge between the two regions. This is a major step forward in making remittances faster, cheaper, and more accessible for everyone.' 'HashKey Exchange is proud to collaborate with to build a secure, transparent, and 24/7 value transfer corridor between Hong Kong and the Philippines,' said Randall Chan, Managing Director of HashKey Exchange. 'This partnership is also a key step in our Global Shared Liquidity initiative—designed to connect regulated exchanges across regions and establish a unified global trading network with deep, reliable liquidity.' The collaboration is grounded in regulatory compliance, leveraging licenses from the Bangko Sentral ng Pilipinas (BSP) and HashKey's position as one of the leading licensed virtual asset exchanges in Hong Kong. With growing clarity around digital asset regulation in both markets, this partnership provides a model for compliant, scalable infrastructure supporting both retail and institutional flows. The partnership between and HashKey Exchange aims to build institutional-grade solutions across Southeast Asia. This includes onboarding enterprise users, enabling business-to-business cross-border transactions, and expanding coverage, eventually in other regional markets through global entity, and Coins Brazil. 'Our goal is more than just a corridor—it's a foundation for interoperable digital finance across Asia,' added Zhou. 'As regulatory frameworks solidify across the region, we're moving quickly to serve not just individuals, but also institutions that require compliant and efficient cross-border settlement solutions.' The and HashKey partnership marks a milestone in that journey and signals the broader potential of Asia's maturing crypto ecosystem. As Southeast Asia's digital asset landscape continues to grow, this partnership illustrates what the future of digital money movement can be: fast, secure, compliant, and always open. *As of January 31, 2025, HashKey Exchange ranked 7th on CoinGecko and is the highest-ranked licensed virtual asset exchange in Hong Kong. About is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, is the most established crypto brand in the Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services. is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank. About HashKey Exchange On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, HashKey Exchange (HBL) was granted as a licensed virtual asset exchange to provide retail services in Hong Kong. HashKey Exchange has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence, Type 7 (Providing automated trading services) licence and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) licence. As HashKey Group's flagship exchange business, HashKey Exchange provides trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. HashKey Exchange does not service users from Mainland China, United States and certain other jurisdictions in compliance with laws and regulations. This material has not been reviewed by the Securities and Futures Commission of Hong Kong or any other regulator. Stay tuned for more details about HashKey Exchange. Follow us on Twitter and LinkedIn. For media enquiries and more information, please contact: HashKey Exchange Jade Shi Senior PR Manager [email protected]
Finextra
27-06-2025
- Business
- Finextra
HashKey Chain and GF Securities partner on tokenisation
HashKey Chain has officially announced that GF Securities (Hong Kong) has become the first securities firm in Hong Kong to issue tokenized securities by fully integrating with HashKey Chain as its core on-chain issuance network. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. GF Securities (Hong Kong) has launched the first daily-interest-accruing, daily-redeemable tokenized securities, named "GF Token", a building block to enable switching between different tokenized securities. This product also features its first-ever multi-channel distribution and token custody model for on-chain securities, now available to both High-Net-Worth-Individual and institutional professional investors (PIs). This project is executed with active participation from multiple business units under HashKey Group. This milestone signifies a major step forward in the city's real world asset (RWA) tokenization journey and lays the groundwork for broader on-chain collaboration of tokenized securities by Hong Kong securities industry in the future. "GF Token" is a class of tokenized securities issued by GF Securities (Hong Kong) backed by its credit support. GF Securities (Hong Kong) launches three products in different currencies: USD, HKD, and offshore RMB. Among these, the USD version is benchmarked to the Secured Overnight Financing Rate (SOFR), designed to serve as a fair, transparent, and low-volatility cash management instrument. "GF Token" features high liquidity, accrues interest daily, and is fully recorded on-chain via HashKey Chain, enabling transparent and traceable transaction flows. This aims to make "GF Token" a building block for tokenized financial assets, by providing a seamless on-chain net settlement mechanism that enables investors to switch between different tokenized securities. Compared to GF Securities (Hong Kong)'s earlier tokenized securities, "GF Token" features multi-channel distribution and token custody. Investors can subscribe through GF Securities (Hong Kong) or HashKey Exchange, and hold tokenized securities either via traditional securities accounts or directly on chain, allowing traditional investors to participate broadly across all aspects of tokenized securities in familiar settings. In addition to institutional professional investors, "GF Token" in this product launch is also made available to HNWI PIs, aiming to promote tokenized securities and related services to broader audience. With the daily interest accrual mechanism, the product meets both institutional investors' needs for short-term idle capital management, and Web3 users' expectations for native on-chain assets. As a forward-looking, compliant financial product, "GF Token" demonstrates the potential of combining real-world assets with blockchain infrastructure, offering a replicable and scalable model for RWA scenarios. Notably, while HashKey Chain serves as the core issuance network, multiple business units under HashKey Group were also deeply involved in the on-chain launch of "GF Token": • NexaToken, a service by HashKey Cloud, enabled the asset's tokenization. • HashKey Tokenisation contributed to GF's tokenization initiative by offering technical consultation and feasibility assessments. • HashKey Exchange facilitated professional investor distribution through its network. This arrangement represents a pioneering end-to-end model encompassing asset issuance, token custody, and multi-point distribution, establishing a robust foundation for future security dealer-led tokenized asset issuance and on-chain cooperation. Mr. Zeng Chao, CEO of GF Securities (Hong Kong), commented: "The launching of GF Token is a major milestone for GF Securities (Hong Kong)'s digital product strategy, and an important extension of our chain-based product innovation. We value our partnership with HashKey Group and HashKey Chain. Their comprehensive infrastructure and exchange capabilities enable GF's products to enter the public blockchain world more efficiently. Over the years, we, at GF Securities (Hong Kong), have been committed to financial innovation, leveraging fintech to expand our footprints in digital finance. The collaboration with HashKey Group to launch GF Token is a key initiative in building Hong Kong's tokenized securities ecosystem. We believe this step will further solidify GF Securities (Hong Kong)'s first-mover advantage in emerging digital finance." In January 2024, GF Securities (Hong Kong) became the first Chinese securities firm to issue tokenized securities under Hong Kong law, minting, issuing, and distributing financial assets on a public chain. This was also the first tokenized security issued following the SFC's circulars regarding tokenized securities published in November, 2023. Since then, the firm has introduced tokenized securities linked to equities and other financial assets. In January 2025, it partnered with Cinda Asset Management to launch the first tokenized note backed by a fund, continuously expanding the ecosystem of tokenized securities. Dr. Xiao Feng, Chairman of HashKey Group, said: "Bringing real-world assets (RWAs) on-chain requires deep integration between financial institutions and blockchain technology providers. The launch of 'GF Token' perfectly reflects this synergy. As the preferred chain for financial assets, HashKey Chain will continue to offer trustworthy infrastructure for compliant assets and help position Hong Kong as the world's most vibrant hub for onchain finance." Kay, Head of HashKey Chain, added: "'GF Token' represents a pivotal practice in the on-chain transformation of traditional financial assets. As a blockchain infrastructure purpose-built for compliant assets, HashKey Chain is honored to provide GF Securities (Hong Kong) with a stable and composable technical foundation. We believe that with more leading financial institutions joining, onchain finance will gradually form a closed-loop ecosystem, redefining how assets are issued, traded, and governed." HashKey Chain will continue to deepen collaborations with traditional financial institutions such as securities firms and banks, expanding mechanisms for compliant on-chain asset issuance and circulation. Through the combination of high-performance blockchain infrastructure and trusted assets, HashKey Chain is helping Hong Kong establish a real-world-ready Onchain Finance benchmark.
South China Morning Post
18-06-2025
- Business
- South China Morning Post
Hong Kong could serve as stablecoin test bed amid China's effort to raise yuan's profile
Hong Kong could serve as a stablecoin test bed to boost the internationalisation of the yuan as Beijing puts more focus on the digital version of its currency, according to the chairman and CEO of HashKey Group. Advertisement 'Due to its 'one country, two systems' characteristics, Hong Kong's stablecoins can serve as a testing ground for the mainland, providing both experience and lessons,' said Xiao Feng, who heads one of the city's licensed cryptocurrency exchange operators, on Wednesday. Earlier in the day, People's Bank of China (PBOC) governor Pan Gongsheng spoke about stablecoins – digital tokens pegged to a reference asset like a fiat currency – at the high-profile Lujiazui Forum. Pan said that emerging technologies such as blockchain and distributed ledgers were rapidly driving the development of central bank digital currencies (CBDCs) and stablecoins, reshaping traditional payment systems and significantly shortening cross-border payment chains while posing 'significant challenges to financial regulation'. HashKey Group CEO Xiao Feng. Photo: Handout Pan added that innovations like smart contracts and decentralised finance would continue to advance the evolution of cross-border payment systems. Advertisement HashKey's Xiao viewed the speech as a 'positive sign' and that stablecoins could be on Beijing's radar.
