Hong Kong, Dec. 11, 2024 – HashKey Exchange, the largest licensed virtual asset exchange in Hong Kong*, has entered a strategic partnership with Virtual Seed Global Asset Management Limited (VSG) to drive the growth of the Victory VSG Virtual Asset Multi-Strategy Fund (Fund Code: BRT103, referred to as “the Fund”). This will be the first virtual asset multi-strategy fund in Hong Kong to accept stablecoin deposits.
By integrating the institutional-grade HashKey Pro service, the Fund, through Victory Securities, offers its clients access to trading a variety of virtual assets such as BTC and ETH. Using professional-grade solutions and financial APIs provided by Omnibus, HashKey Exchange ensures secure custody, trading, and settlement of user assets, delivering a comprehensive and reliable virtual asset trading infrastructure.
As Hong Kong’s first virtual asset multi-strategy fund to accept stablecoin deposits, users can deposit in USD, HKD, USDC, or USDT via Victory Securities. All subsequent transactions are executed on HashKey Exchange. The Fund focuses on investing in virtual assets, including the top 30 cryptocurrencies by market capitalization, utilizing diversified investment strategies while ensuring compliance with applicable laws and regulations. The Fund was filed with the Hong Kong Securities and Futures Commission (SFC) on October 8 and publicly listed on the SFC website on November 2.
Both parties will leverage their respective strengths to provide tailored, end-to-end solutions that meet client needs within the framework of regulatory compliance. This collaboration aims to offer global investors compliant virtual asset products and services. Looking forward, VSG and HashKey Exchange will collaborate in areas such as financial technology and regulatory compliance to advance the Web3 industry in Hong Kong. This partnership represents a significant step toward developing compliant investment solutions in virtual assets and enhancing business synergies to pioneer blockchain and fintech innovations. Together, they aim to contribute significantly to the growth of the global digital economy.
*As of December 11, 2024, HashKey Exchange ranks sixth on CoinGecko’s global exchange list and is the highest-ranked licensed virtual asset exchange in Hong Kong.
About VSG
Virtual Seed Global (VSG) is a professional virtual asset investment company established and registered in Hong Kong in 2022, with branches in Singapore, Shanghai, and other cities in mainland China. VSG operates compliant Web3 multi-strategy funds and full-cycle primary market investment funds. With a focus on industry research and data analytics, VSG delivers specialized virtual asset investment strategies and asset management services for specific investors.
About HashKey Exchange
On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, HashKey Exchange (HBL) was granted as a licensed virtual asset exchange to provide retail services in Hong Kong. HashKey Exchange has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence, Type 7 (Providing automated trading services) licence and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) licence. As HashKey Group’s flagship exchange business, HashKey Exchange provides trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. HashKey Exchange does not service users from Mainland China, United States and certain other jurisdictions in compliance with laws and regulations. This material has not been reviewed by the Securities and Futures Commission of Hong Kong or any other regulator.
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