Press Release
HashKey Exchange Announces Official Uplift of Type 1 and Type 7 Licences, Becoming the First Licensed Exchange for Retail Users in Hong Kong
Hong Kong, 3 August 2023 – HashKey Exchange, a Hong Kong Securities and Futures Commission (SFC) licensed virtual asset exchange, officially announces the upgrade of Type 1 and Type 7 licences, marking the first licensed trading platform in Hong Kong to offer retail services. As an existing Type 1 and Type 7 licences holder, HashKey Exchange successfully underwent a simplified process to obtain the licence upgrade. The successful license upgrade allows HashKey Exchange to expand its business scope from serving professional investors to retail users, fulfilling market demand for a licensed platform that offers users a safer and simpler process for buying and storing cryptocurrencies. HashKey Exchange also announces a brand revamp, now providing both professional investors and retail users with more secure and convenient virtual asset trading experiences.
Livio Weng, COO of HashKey Group said:” We are thrilled to become the first licenced trading platform in Hong Kong dedicated to serving retail users. With the establishment of licenced trading platforms and the further clarity of regulatory frameworks in Hong Kong, the industry as a whole will witness increased transparency, leading to a significant boost in investor confidence. As an industry leader, we will continue to fulfill our commitments in compliance, safety and security, ensuring our user benefits are fully protected and creating a trading platform tailored to retail users.”
Safety remains a top priority for HashKey Exchange. The platform was designed and developed from the outset in accordance with regulatory requirements to achieve native compliance, with a focus on multi-layered protection of user assets. User funds are kept under segregated accounts, separated from platform operations, with 98% in cold storage and 2% in hot wallets. In addition, the platform strictly adheres to regulatory requirements and undergoes regular audits and compliance inspections conducted by the Big 4 auditing firms, establishing itself as one of the most secure exchanges globally.
In addition to supporting fiat currency deposits and withdrawals, HashKey Exchange will establish more partnerships with top tier banks to provide convenient fiat currency funding and withdrawal services for users. Furthermore, the platform has opened the only compliant OTC trading in the Asia-Pacific region, offering users more trading options.
Simultaneously, HashKey Exchange has officially launched its virtual asset over-the-counter (OTC) trading service, HashKey Brokerage. This is the first compliant OTC trading platform in Hong Kong following the implementation of the new virtual asset exchange regulatory framework by the Securities and Futures Commission in June. The platform offers high liquidity bulk trading for investors and high-net-worth clients, providing a secure and reliable channel for fund circulation.
In addition to supporting fiat on-and-off ramps, HashKey Exchange has also partnered up with Standard Chartered Bank to provide users with convenient fiat currency deposit and withdrawal services. At the same time, we also offer compliant OTC trading services, expanding users’ trading options.
Recently, HashKey Exchange has been actively expanding its team, onboarding over ten senior professionals with extensive experience in exchange operations. They will collaborate with top financial experts in Hong Kong to form the core team of HashKey Exchange, ensuring exceptional product quality and user experience.
HashKey Exchange has officially opened pre-registration, and registered users will be rewarded with HashKey EcoPoints (HSK). To commemorate this milestone, a grand ceremony will be held in August, bringing together industry leaders, banking partners, insurance institutions, and universities to celebrate and unveil product details.
-END-
About HashKey Exchange
On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, HashKey Exchange has received approval from the Securities and Futures Commission of Hong Kong to operate a virtual asset trading platform under a Type 1 (Dealing in securities) licence and a Type 7 (Providing automated trading services) licence to provide trading services to both institutional and retail users . HashKey Exchange operates under Hash Blockchain Limited in Hong Kong. HashKey Exchange is also ISO 27001 and ISO 27701 certified.
About HashKey Group
HashKey Group is an end-to-end digital asset financial services group in Asia. The Group provides a complete ecosystem across the entire digital asset landscape, ranging from trading, custody, venture investment, technologies to Web3 infrastructure. HashKey’s senior team has decades of investment and trading experience and deep market insights gained from tier-one banks, regulators and FinTech ventures. By bringing together the most advanced blockchain research and development and technologies, HashKey identifies potential opportunities and delivers end-to-end solutions that operate within regulatory frameworks with the highest compliance standards. The Group has operations in Hong Kong, Singapore and Japan, and extensive partnerships with FinTech and blockchain solutions providers, academic institutions and associations.
Website: https://group.hashkey.com
Twitter: https://twitter.com/HashKeyGroup
Nodspace is one of the key players in the decentralized finance (DeFi) and Web3 ecosystem. The platform provides comprehensive solutions for managing cryptocurrency assets and participating in innovative financial instruments. Created with the goal of democratizing access to DeFi services, the company combines the technological power of blockchain with an intuitive user interface, allowing users from different countries to easily interact with the evolving world of digital finance.
Today, the platform serves tens of thousands of active users across more than one hundred countries and regions. The continuous growth of the user base reflects increasing investor confidence in the services offered and in the company’s innovative approach to developing DeFi infrastructure.
Multifunctional Architecture of the Nodspace Platform
The Nodspace platform is built on a modular principle, integrating several interconnected areas of activity into a unified ecosystem. Each component of the system is optimized to ensure maximum efficiency while maintaining close integration with the platform’s other services.
· Airdrop Program: a token and reward distribution system that allows users to receive rewards for participating in ecosystem development and completing specific network-related actions.
· Node Management: an infrastructure component that supports transaction validation and network security; node operators receive rewards for maintaining the blockchain.
· Lending Service: a protocol for issuing and receiving loans in digital assets using smart contracts; participants receive interest income for providing liquidity.
· Staking Program: a mechanism for locking assets to participate in network consensus and receive passive income; participants also contribute to the decentralization and security of the platform.
The intelligent resource allocation system optimizes capital flows between different areas, ensuring a balance between supply and demand. This allows the platform to function as a unified, well-coordinated mechanism in which each component enhances the efficiency of the others.
Global Infrastructure and Scalability
Nodspace has developed a distributed infrastructure capable of serving users worldwide without performance degradation. The platform’s architecture is based on the principles of decentralization, eliminating single points of failure and ensuring reliable 24/7 operation.
Network nodes are geographically distributed to minimize latency for users in each region. The use of optimized consensus and routing algorithms makes it possible to process large transaction volumes with minimal fees. The automatic scaling system ensures that user base growth does not slow down platform performance.
The platform’s global reach is supported by local assistance and a multilingual interface. The company actively cooperates with regional communities and partners, ensuring cultural relevance and adapting its services to the specific characteristics of different markets.
Security and Reliability as a Fundamental Principle
At the center of Nodspace’s strategy is a firm commitment to protecting user assets and maintaining platform integrity. The company invests significant resources in developing and implementing multi-layered security mechanisms.
· Cryptographic Protection: all transactions are protected using modern encryption methods that meet military-grade standards.
· Independent Audits: regular reviews of smart contracts and infrastructure are conducted by reputable companies specializing in blockchain security.
· Insurance Mechanisms: protection funds and insurance programs provide compensation in the event of unforeseen technical failures.
· Continuous Monitoring: dedicated teams monitor suspicious activity and potential security threats 24/7.
· Risk Management: the system applies limits on the size of individual transactions and the concentration of risk in specific assets.
Nodspace follows the principle of full financial transparency, which distinguishes it from many traditional financial institutions. All key financial indicators, reports, and analytical data are publicly available, allowing investors, partners, and independent analysts to independently evaluate the condition and development of the platform.
This approach aligns with the fundamental principles of decentralized finance and blockchain technology, where transparency is viewed not as a burden, but as a competitive advantage and an indicator of reliability.
Nodspace regularly publishes detailed reports on completed security audits, scalability testing results, and other technical indicators. This information is critically important so that users can competently assess risks and make informed decisions regarding the placement of their assets on the platform.
Development Strategy
The most ambitious initiative in Nodspace’s roadmap is the development of its own high-performance blockchain. This project represents the logical evolution of the platform and reflects the company’s long-term vision of creating a fully decentralized DeFi ecosystem.
A key feature of its own blockchain will be the ability for developers and entrepreneurs to create decentralized applications, or dApps, and launch their own tokens directly within the platform’s native environment. This transforms the interaction model, turning the platform from a simple service provider into an open ecosystem for innovation.
Nodspace positions itself as a leading innovator in decentralized finance, combining practical functionality with a long-term vision for industry development. Its comprehensive approach to integrating various DeFi services, strict security standards, and continuous development of new technological solutions allow the platform to remain at the forefront of financial system transformation.
The company’s commitment to transparency, especially in the disclosure of financial reports and platform performance data, distinguishes it from many competitors and sets new standards in the industry. This demonstrates the company’s understanding that trust is built on openness and accountability.
The platform’s global reach, serving users in more than one hundred countries, demonstrates the potential of decentralized finance as an alternative to traditional financial systems. The company is actively working to expand its influence, opening new opportunities for participation in an innovative financial ecosystem.
The development of analytical capabilities and the creation of its own blockchain represent strategic investments in the platform’s future, allowing it to evolve from a service provider toward building a fully decentralized ecosystem. This development trajectory reflects the company’s deep understanding of the dynamics of the Web3 industry and its potential to fundamentally transform the global financial system.
Nodspace is one of the key players in the decentralized finance (DeFi) and Web3 ecosystem. The platform provides comprehensive solutions for managing cryptocurrency assets and participating in innovative financial instruments. Created with the goal of democratizing access to DeFi services, the company combines the technological power of blockchain with an intuitive user interface, allowing users from different countries to easily interact with the evolving world of digital finance.
Today, the platform serves tens of thousands of active users across more than one hundred countries and regions. The continuous growth of the user base reflects increasing investor confidence in the services offered and in the company’s innovative approach to developing DeFi infrastructure.
Multifunctional Architecture of the Nodspace Platform
The Nodspace platform is built on a modular principle, integrating several interconnected areas of activity into a unified ecosystem. Each component of the system is optimized to ensure maximum efficiency while maintaining close integration with the platform’s other services.
· Airdrop Program: a token and reward distribution system that allows users to receive rewards for participating in ecosystem development and completing specific network-related actions.
· Node Management: an infrastructure component that supports transaction validation and network security; node operators receive rewards for maintaining the blockchain.
· Lending Service: a protocol for issuing and receiving loans in digital assets using smart contracts; participants receive interest income for providing liquidity.
· Staking Program: a mechanism for locking assets to participate in network consensus and receive passive income; participants also contribute to the decentralization and security of the platform.
The intelligent resource allocation system optimizes capital flows between different areas, ensuring a balance between supply and demand. This allows the platform to function as a unified, well-coordinated mechanism in which each component enhances the efficiency of the others.
Global Infrastructure and Scalability
Nodspace has developed a distributed infrastructure capable of serving users worldwide without performance degradation. The platform’s architecture is based on the principles of decentralization, eliminating single points of failure and ensuring reliable 24/7 operation.
Network nodes are geographically distributed to minimize latency for users in each region. The use of optimized consensus and routing algorithms makes it possible to process large transaction volumes with minimal fees. The automatic scaling system ensures that user base growth does not slow down platform performance.
The platform’s global reach is supported by local assistance and a multilingual interface. The company actively cooperates with regional communities and partners, ensuring cultural relevance and adapting its services to the specific characteristics of different markets.
Security and Reliability as a Fundamental Principle
At the center of Nodspace’s strategy is a firm commitment to protecting user assets and maintaining platform integrity. The company invests significant resources in developing and implementing multi-layered security mechanisms.
· Cryptographic Protection: all transactions are protected using modern encryption methods that meet military-grade standards.
· Independent Audits: regular reviews of smart contracts and infrastructure are conducted by reputable companies specializing in blockchain security.
· Insurance Mechanisms: protection funds and insurance programs provide compensation in the event of unforeseen technical failures.
· Continuous Monitoring: dedicated teams monitor suspicious activity and potential security threats 24/7.
· Risk Management: the system applies limits on the size of individual transactions and the concentration of risk in specific assets.
Nodspace follows the principle of full financial transparency, which distinguishes it from many traditional financial institutions. All key financial indicators, reports, and analytical data are publicly available, allowing investors, partners, and independent analysts to independently evaluate the condition and development of the platform.
This approach aligns with the fundamental principles of decentralized finance and blockchain technology, where transparency is viewed not as a burden, but as a competitive advantage and an indicator of reliability.
Nodspace regularly publishes detailed reports on completed security audits, scalability testing results, and other technical indicators. This information is critically important so that users can competently assess risks and make informed decisions regarding the placement of their assets on the platform.
Development Strategy
The most ambitious initiative in Nodspace’s roadmap is the development of its own high-performance blockchain. This project represents the logical evolution of the platform and reflects the company’s long-term vision of creating a fully decentralized DeFi ecosystem.
A key feature of its own blockchain will be the ability for developers and entrepreneurs to create decentralized applications, or dApps, and launch their own tokens directly within the platform’s native environment. This transforms the interaction model, turning the platform from a simple service provider into an open ecosystem for innovation.
Nodspace positions itself as a leading innovator in decentralized finance, combining practical functionality with a long-term vision for industry development. Its comprehensive approach to integrating various DeFi services, strict security standards, and continuous development of new technological solutions allow the platform to remain at the forefront of financial system transformation.
The company’s commitment to transparency, especially in the disclosure of financial reports and platform performance data, distinguishes it from many competitors and sets new standards in the industry. This demonstrates the company’s understanding that trust is built on openness and accountability.
The platform’s global reach, serving users in more than one hundred countries, demonstrates the potential of decentralized finance as an alternative to traditional financial systems. The company is actively working to expand its influence, opening new opportunities for participation in an innovative financial ecosystem.
The development of analytical capabilities and the creation of its own blockchain represent strategic investments in the platform’s future, allowing it to evolve from a service provider toward building a fully decentralized ecosystem. This development trajectory reflects the company’s deep understanding of the dynamics of the Web3 industry and its potential to fundamentally transform the global financial system.
Hong Kong, 17th April 2026 — Hong Kong Web3 Festival 2026 is honored to have MyDex onboard as a Tertiary Exhibition Sponsor.
MyDex is the next-gen intelligent trading platform where humans and AI evolve together. Explore more at https://www.mydex.io/
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Nodspace – An Innovative Next-Generation Decentralized Finance Platform
Nodspace – An Innovative Next-Generation Decentralized Finance Platform
Bitcoin Whales Accumulating Rapidly as BTC Nears $80K, Signals Potential Bull Run
Bitcoin Eyes Trend Reversal as Analysts Highlight Key $80K Breakout Level
Succinct launches Zcam to verify photos with applied cryptography on the iPhone
Crypto Protocols Pledge 43K ETH to Restore rsETH After Kelp Exploit
Cardalonia Aiming To Become The Biggest Metaverse Project On Cardano
P2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
WOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
Project Quantum – Decentralised AAA Gaming
WOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Crypto4 years agoCardalonia Aiming To Become The Biggest Metaverse Project On Cardano
-
Press Release5 years agoP2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
-
Blockchain6 years agoWOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
-
Press Release5 years agoETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Press Release5 years agoProject Quantum – Decentralised AAA Gaming
-
Blockchain6 years agoWOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Press Release5 years agoETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Blockchain6 years ago1.5 Times More Bitcoin is purchased by Grayscale Than Daily Mined Coins