Hong Kong approves HashKey Capital to manage crypto portfolio

Hong Kong has approved investment company and asset manager HashKey Capital Limited to manage portfolios invested 100% in crypto.

Headquartered in Hong Kong, HashKey Capital Limited secured a Type 9 asset management license from the Securities and Futures Commission (SFC) and will now manage funds exclusively investing in virtual assets in line with the SFC’s regulations.

The company joins the small portion of licensed virtual asset managers in Hong Kong alongside MaiCapital and Huobi, according to records from the SFC.

HashKey Group chairman Dr Xiao Feng said: “We are dedicated to the development of the blockchain and crypto ecosystem, and it has long been our goal to actively support regulation while aiding the industry's sustainable growth.

“This Type 9 license uplift reinforces our commitment to fostering and advancing the blockchain community in Hong Kong and across Asia.”

HashKey Group has recently raised a $360m blockchain fund invested in projects from decentralized exchange dYdX and the Polkadot blockchain.

If you want to use your cryptocurrencies for recreational purposes, you can explore entertaining and trusted websites such as 1xBit, Bitcasino or FortuneJack.

Looking for your next crypto casino? Check out: Bitcasino, 1xBit or FortuneJack.

Written by Isabella Aslam


Isabella is an experienced writer in B2B and B2B journalism. Alongside crypto, Isabella writes about relationships and psychology. Isabella holds a first-class degree in music journalism and likes to interview electronic artists and DJs.

Similar News

New phase in Dubai Metaverse Strategy approved


Dubai’s Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved the next phase in the Dubai Metaverse Strategy, bringing...