Our Team
Our team brings together diverse professionals from both traditional finance and the Web3 sector. With our unique cross-disciplinary background, we offer tailored, professional services to a wide range of clients. Our members include seasoned financial experts from international investment banks and asset management firms, providing compliant and robust digital transformation solutions for traditional financial institutions. At the same time, we are equipped with native Web3 developers and researchers who are deeply rooted in blockchain technology, supporting crypto projects in building solid and reliable economic and technical frameworks.
We also possess extensive experience in international market expansion, successfully establishing bridges between traditional finance and the crypto ecosystem. This enables us to deeply understand the needs of different clients and deliver forward-thinking solutions that meet regulatory requirements.

Anna Liu
Chief Executive Officer
Anna Liu has been with HashKey Group since its establishment. Assuming leadership of the Legal Department in 2018, she steered the team to provide comprehensive legal support across the Group's ecosystem. This includes compliance for exchange operations, custody services, brokerage, venture capital, asset management, node validation and other Web3 infrastructure services spanning multiple jurisdictions including Hong Kong, Singapore and Japan. Her remit has included securing and maintaining the Group's regulatory licences across these territories.
Currently heading HashKey Tokenisation, Anna provides strategic guidance on assets tokenisation alongside legal and compliance matters in the digital asset space, positioning the organisation to capitalise on these emerging opportunities.

Cleo Cui
Cleo has been actively engaged in the digital asset industry since 2017, accumulating substantial expertise in blockchain solution development. Her research encompasses three primary domains: technical innovations and business models within public blockchain ecosystems, economic architectures and governance mechanisms for application-layer protocols, and the evolving regulatory landscape governing digital assets. As co-author of several notable publications including Deconstructing Digital Infrastructure, Metaverse Economics, and Digital Assets: Innovation, Risk and Regulation, Cleo has received multiple industry accolades recognising her professional contributions.

Andy Lee
Andy brings fifteen years of cross-sector expertise spanning fintech, gaming and blockchain industries. As an accomplished interdisciplinary professional, he previously managed game products at Tencent Lightspeed Studio, generating over $100 million in annual revenue. Later, he founded a successful blockchain gaming studio that achieved an $80 million valuation. Andy's financial sector experience includes leading strategic initiatives such as the establishment of a Hong Kong virtual bank and overseeing acquisition projects for Indonesian banking institutions.
Combining his investment banking background with proven entrepreneurial success, Andy now focuses on developing innovative asset tokenisation solutions at HashKey. His unique perspective bridges institutional financial expertise with technological innovation, positioning him to drive meaningful progress in the digital assets ecosystem.

Puyu Wang
Puyu brings a unique combination of corporate experience and academic rigour to his role at HashKey Group. With a professional background spanning Huawei Technologies and COSCO Group, he has developed substantial enterprise-level expertise complemented by years of university teaching and blockchain research.
Since joining HashKey in 2021, he has specialised in designing Web3 economic architectures, providing tokenisation advisory services, and developing customised economic models for various Web3 projects including DePIN and SocialFi platforms.
Puyu's academic contributions include co-authoring three professional blockchain textbooks and receiving the prestigious 12th Golden Sheep Award for Financial Publications.

Alex Fu
Alex Fu specialises in Web3-native asset architecture and tokenomics at HashKey Tokenisation. A Durham University Natural Sciences graduate and LSE alumnus (MSc Philosophy of Science), he combines scientific rigour with economic theory to design next-generation blockchain ecosystems.
A crypto-native professional, Alex has developed deep expertise in DeFi and GameFi protocols. His work focuses on building sustainable tokenomic frameworks and innovative Web3 incentive structures that align long-term network growth with participant rewards.

Vino Yao
Vino Yao is a leading expert in tokenomics, specialising in digital securities and decentralised finance (DeFi). At HashKey Tokenisation, she focuses on RWA compliance frameworks, smart contract architecture, and tokenised business model design, leveraging her deep industry insights to bridge institutional finance with blockchain innovation.
Prior to joining HashKey, Vino honed her strategic expertise as a consultant at China Investment Consulting, where she developed a robust foundation in financial analysis and regulatory advisory. This diverse background enables her to design tokenisation solutions that meet both commercial and compliance requirements.
Vino holds a Master’s degree from the University of Bristol, UK.

