Hong Kong, July 17, 2024 — HashKey Exchange, *the largest licensed virtual asset exchange in Hong Kong, announced today a significant collaboration with Hundsun Ayers Technologies Limited, a wholly-owned subsidiary of Hundsun Technologies (Stock Code: 600570). This partnership will offer advanced virtual asset trading system services to brokers, marking a new milestone in the integration of financial technology.
Hundsun Ayers, with nearly 20 years of rich experience in financial and trading technology development, connects to 29 global securities and futures exchanges, with a market share in Hong Kong exceeding 50%. The collaboration with HashKey Exchange signifies that broker clients can connect to HashKey Exchange via Hundsun Ayers’ trading systems, safely and efficiently carrying out operations such as virtual asset deposits and withdrawals, further optimizing the trading methods of digital assets and the transformation of market data.
The first step of the cooperation will be implemented in conjunction with Eddid Securities and Futures (“ESFL”) under Eddid Financial, with the three parties taking the lead in adopting Hundsun Ayers trading system. Clients can now arrange through an integrated account to trade virtual assets or cryptocurrencies approved by the regulatory authority on HashKey Exchange, including Bitcoin and Ether. This one-stop service will allow clients to venture into the virtual asset market easily while enjoying traditional financial services.
ESFL recently uplifted its license with the SFC, becoming one of the first brokers in Hong Kong to offer both traditional financial and virtual asset trading services. Dr. Ricky Yeung, Head of the Virtual Assets Department at Eddid Financial, said, "We have always been committed to expanding our virtual asset business. This partnership will promote the popularization of virtual asset trading within the regulatory framework, further solidifying Hong Kong's position as an international financial center and a hub for virtual asset trading."
Hundsun Ayers is committed to providing clients with high-quality technical support and services. Luo Skeet, Executive President of Hundsun Ayers, stated, "We are delighted to have this significant cooperation with Eddid Securities and Futures and HashKey Exchange. In the future, we will continue to promote technological innovation and explore new opportunities in the virtual asset market with our partners."
Livio Weng, CEO of HashKey Exchange, said, "We are honored to partner with Hundsun Ayers, marking a solid step in the integration of HashKey Exchange with the financial securities industry. With the continuous development and maturation of the virtual asset market, we see tremendous potential and opportunities. HashKey Exchange has always been dedicated to being a leader in the industry, winning customer trust by providing compliant, safe, and reliable services. The cooperation with Hundsun Ayers will enable us to better serve a broader customer base, including traditional financial institutions and emerging digital asset investors."
*Note: As of July 12, 2024, HashKey Exchange has achieved a total transaction volume of 450 billion Hong Kong dollars since its inception, ranking in the top 10 on CoinGecko, and is the highest-ranked licensed virtual asset exchange in Hong Kong.
About Hundsun Ayers
Hundsun Ayers, headquartered in Hong Kong, is the wholly owned subsidiary of Hundsun Technologies Inc. (SHA: 600570). With a mission to “ Make Finance Easy”, Hundsun Ayers is providing comprehensive solutions and services for over 200 clients. With operations spanning across the Asia-Pacific region, Hundsun Ayers helps clients strive for sustainable development in a scalable manner through relentless pursuit of innovation and R&D.
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. Stay tuned for more details about HashKey Exchange. Follow us on Twitter and LinkedIn.
About Eddid Financial
Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating cutting-edge artificial intelligence technologies and other latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and virtual assets. Eddid Financial is committed to providing one-stop financial services and products to clients through high-quality investment solutions. Members of the Eddid Financial hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (RA) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC), and is a registered broker dealer with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States.
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