HashKey Group

HashKey Group has evolved from a Hong Kong-based licensed exchange into a globally regulated digital asset financial services group. Key milestones include:

In 2018, HashKey Exchange was founded in Hong Kong, becoming one of the first platforms to obtain the VATP license from the SFC, establishing a compliant foundation. In 2022, HashKey completed a $30 million investment led by Gaorong Ventures, marking a significant endorsement from mainstream traditional venture capital. In December 2024, HashKey Holdings was listed on the Hong Kong Stock Exchange (3887.HK), with its IPO oversubscribed by 300 times, reflecting strong market confidence in compliant digital asset platforms. In 2025, HashKey Group was selected for the RootData List annual ranking of "Top 100 Projects," recognizing its industry influence. Additionally, Chairman Xiao Feng has consistently articulated strategic visions, including the thesis that "Stablecoins Lead the Second Growth Curve of Blockchain," guiding the group's expansion into stablecoin infrastructure and on-chain finance. The launch of HashKey Chain further marked the group's move into Layer-2 infrastructure, supporting asset tokenization and institutional-grade on-chain services. These milestones collectively illustrate HashKey's trajectory from a regional exchange to a comprehensive digital asset group with licenses across Hong Kong, Singapore, Japan, Dubai, and Bermuda.

In the past six months, HashKey Group has made several key breakthroughs in compliance and institutionalization. 1. Expansion of compliance footprint: In July 2026, HashKey MENA received VARA approval to extend regulated services to virtual asset exchange-traded derivatives (including perpetual contracts); the Group also announced its planned acquisition of Singapore's APEX, which holds MAS-recognized exchange and clearing house licenses, aiming to complete end-to-end clearing and settlement capabilities. 2. Product innovation: In July, HashKey Capital launched the industry's first Bitcoin hashrate fund, with computing power technology provided by BITMAIN; in August, it officially launched digital asset derivatives and structured solutions, offering structured products such as Dual Currency Investments for professional investors. 3. Tokenization milestone: In August, it partnered with Franklin Templeton to distribute the on-chain U.S. Government Liquidity Fund (grBENJI) in Asia, bringing compliant RWA into regulated Asian markets.

Future focus: The Group will center on the "Asia Connect" strategy, leveraging HSK Chain to build institutional-grade financial infrastructure and a complete loop covering issuance, trading, clearing and settlement. It will deepen the "RWA+AI" dual-driver approach, exploring scalable pathways for compliant tokenization of traditional assets such as funds, fixed income and precious metals, while optimizing cross-border payment settlement protocols. Through the APEX acquisition and collaboration with SignalPlus, it aims to strengthen cross-regional liquidity pools across spot, derivatives and RWA, targeting a core infrastructure node for compliant capital flows in Asia.

HashKey Group's core leadership includes Dr. Xiao Feng (Chairman & CEO, founder, ex-Bosera Asset Management president), Lu Weiding (Director, Wanxiang Group CEO), Eric Zhu (CFO, ex-MeiTuan VP), Michel Lee (Co-founder & Senior Board Advisor, ex-UBS APAC capital markets head), Chao Deng (President of HashKey Singapore & CEO of HashKey Capital), Helena Zhu (Head of Institutional BD), Rain Long (Chief HR & Admin Officer), Devin Zhang (CTO), Clarence Chung (Global Head of Legal & Compliance), and Ben El-Baz (Managing Director, Global Expansion).