The Hong Kong-based entity was granted an uplift of its Type 9 asset management license by the SFC.
HashKey Capital Limited – the investment arm of the finance company HashKey Group – received approval from Hong Kong’s Securities and Futures Commission to manage a portfolio of 100% digital assets.
The initiative turned HashKey Capital Limited into one of the few organizations with licenses to provide digital asset services in Hong Kong. Examples of other such firms are the crypto platform Huobi and the hedge fund manager that specializes in blockchain investments – MaiCapital Limited. Over the past few years, the parent company – HashKey Group – has created an ecosystem that connects Web 3 developers and communities who share “the same vision for building a fair, sustainable environment in support of the long-term growth of the blockchain and cryptocurrency industries.” The company has also revealed it wants to cooperate with monetary regulators and their requirements.
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