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HashKey Exchange Enters Strategic Partnership with Indonesian Exchange INDODAX to Unlock New Growth Opportunities in Southeast Asia’s Digital Asset Market

  • Writer: HashKey Group
    HashKey Group
  • 2 minutes ago
  • 3 min read
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Hong Kong, Nov. 26, 2025 – HashKey Exchange, a leading licensed digital asset exchange in Hong Kong, today announced the signing of a Memorandum of Understanding (MoU) with INDODAX, a major Indonesian digital asset trading platform. The partnership will see both parties explore strategic opportunities across the digital assets ecosystem.

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This collaboration with INDODAX follows a series of partnerships HashKey Exchange has established with key Southeast Asian players, marking a new phase of systematic advancement in the exchange’s regional business strategy.


As one of Indonesia's leading digital asset platforms, INDODAX brings extensive local market expertise and a substantial user base. Under the agreement, the two exchanges will collaborate on liquidity support and trading infrastructure development, while also exploring opportunities in the Real-World Assets (RWA) sector. In the initial phase, they will focus on technical integration, team knowledge-sharing, and regulatory assessment to lay a solid foundation for future cooperation.


Haiyang Ru, CEO of HashKey Exchange BG, said, "We are thrilled to partner with INDODAX. Indonesia, as the largest economy in Southeast Asia, possesses a vast digitally-savvy population and an increasingly robust regulatory framework, offering tremendous growth potential. We believe this partnership will effectively combine HashKey Exchange’s compliance strengths with Indodax’s deep local expertise, allowing us to capture significant opportunities in Indonesia and the broader Southeast Asian digital assets market."


William Sutanto, CEO and Co-Founder of INDODAX, said, "We are honored to partner with HashKey Exchange, one of the world’s most respected and regulated digital asset institutions. HashKey Exchange’s leadership in compliance, deep institutional networks, and strong global liquidity perfectly complement INDODAX’s local market expertise and long-standing commitment to trust and security. Both INDODAX and HashKey Exchange share the same strategic directive: to operate as compliant, highly regulated exchanges that prioritize user protection and market integrity. Together, we aim to strengthen Indonesia’s digital asset ecosystem by expanding institutional access, enhancing market liquidity, and advancing tokenization initiatives that will drive greater transparency and innovation across Southeast Asia. "


With this latest partnership, HashKey Exchange continues to methodically execute its strategic expansion within Southeast Asia’s digital asset landscape. Moving forward, HashKey Exchange will further extend its global partner network to provide users with more comprehensive, secure, and compliant digital asset services.



About HashKey Exchange

HashKey Exchange is setting a new benchmark for virtual asset trading platforms with its commitment to regulatory compliance, fund security, and platform safety. Operated by Hash Blockchain Limited, it is one of the first licensed retail virtual asset exchanges in Hong Kong. The platform is fully regulated by the Securities and Futures Commission (SFC), holding Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) licenses under the Securities and Futures Ordinance, as well as a virtual asset trading platform license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. The exchange is certified under ISO 27001 (Information Security Management) and ISO 27701 (Privacy Information Management), ensuring the highest standards of operational and data security.


In strict compliance with applicable regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions.


About Indodax

INDODAX is Indonesia’s leading Digital Asset Trader and Crypto Exchange. Officially established on February 15, 2014, INDODAX has grown to serve more than 9.4 million members, offering trading access to Bitcoin, Ethereum, and over 450+ global crypto assets, available 24/7.


As Indonesia’s first crypto exchange, INDODAX is fully licensed and supervised by the Otoritas Jasa Keuangan (OJK) as a registered Digital Financial Asset Trader (AKD AK). In 2019, INDODAX became the first Indonesian crypto exchange to obtain two international certifications, ISO 9001:2015 and 27001:2013, recognizing its commitment to quality management and information security.


Throughout its eleven-year journey, INDODAX has remained dedicated to user service and education. Through INDODAX Academy, a free and open educational platform, investors can learn about the fundamentals of crypto and blockchain—empowering the community with knowledge to participate safely and confidently in the digital asset ecosystem.

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