HashKey, received permission from Hong Kong to manage an all-digital asset portfolio.
Having raised $360 million in funding for a new Blockchain project earlier this year, HashKey Group has invested in leading projects from Polkadot Blockchain to decentralized exchange dYdX. To the company that accelerates its work in the sector Hong KongGreen light for crypto portfolio management.
Approval to HashKey from Hong Kong
HashKey, a digital asset management company, Hong Kong Securities and Futures Commission(SFC) and can manage crypto portfolios.
hashKeys, Huobiand MaiCapital Limited Along with crypto companies, it is among the companies that have licensed the SFC’s registry. With the permission of the SFC, it will begin managing portfolios that are 100 percent invested in crypto.
HashKey Group President Dr. Xiao FengIn the press release, he said about the license:
“This Type 9 license upgrade reinforces our commitment to fostering and advancing the Blockchain community in Hong Kong and across Asia”
As crypto companies expand their services, countries with high crypto adoption are also opening doors of opportunity for companies. Hong Kong recently licensed Gate.io Group’s Hippo Financial Services to offer digital asset custody services.
