HashKey Capital Is Granted Full Crypto Portfolio Management
The Hong Kong Securities and Futures Commission has granted the exchange of HashKey Capital’s asset management license to fully crypto.
The venture arm of HashKey Group, a financial company focused on digital assets, was able to move 100% of its portfolio to crypto, after receiving approval from Hong Kong Securities and Futures Commission (SFC).
HashKey Capital has received a Class 9 asset management license from SFC. The company is one of the few licensed virtual asset managers in Hong Kong, alongside Huobi and MaiCapital Limited.
HashKey Group Chairman Dr. Xiao Feng said in the press release:
“This Type 9 license uplift reinforces our commitment to fostering and advancing the blockchain community in Hong Kong and across Asia.”
HashKey Group was founded in 2018 and has managed over $1 billion in assets since its inception. Earlier this year, the company raised a blockchain fund worth $360 million and used part of the fund to invest in prominent projects on the Polkadot ecosystem.
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