HashKey launches wealth management, OTC desk and exchange services in Hong Kong HashKeyGroup crypto cryptocurrencyexchange
- Cryptocurrency-related developments in Hong Kong continue to roll out as HashKey Group, a leading virtual asset financial services provider in Asia, has announced the launch of a new wealth management business line and an upgrade to its over-the-counter trading business.
A 2022 Boston Consulting Group study showed that less than 1% of individual wealth is invested in crypto assets as compared to 25% invested in equity, which signals “potential robust demand for virtual assets in the future,” HashKey said. “We are excited to upgrade our OTC trading business and launch HashKey Wealth, introducing as well as bridging professional investors, family offices, and institutions to the emerging world of virtual assets,” said Deng Chao, Head of HashKey Singapore and CEO of HashKey Capital. “Our aim is to provide deep and reliable liquidity to the market and offer easy-to-use, secure, and professional solutions for qualified investors to capture the growing opportunities of virtual assets.
Following the concerns raised by the FTX bankruptcy, HashKey PRO has pledged to keep all client funds in segregated accounts that are completely separate from HashKey PRO’s operations, meaning they will be unable to be used for other purposes and will be readily available for withdrawal.
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