September 17, 2024 - Licensed digital asset exchange HashKey Global, and Elliptic, the global leader in cryptoasset risk management, are thrilled to announce a partnership. This collaboration marks a significant step forward in setting new standards for compliance, security, and risk control in the evolving digital asset landscape.
Within 6-month operations since launch, HashKey Global has emerged as one of the fastest-growing crypto exchanges worldwide, with regulatory compliance as its cornerstone. By partnering with Elliptic, HashKey Global aims to fortify its compliance framework, leveraging Elliptic’s expertise in Know Your Transaction (KYT) and anti-money laundering (AML) solutions.
Elliptic’s comprehensive suite of compliance tools is designed to provide real-time, programmatic insights across multiple blockchains, enabling the efficient detection and management of high-risk activities. Integrating Elliptic's cutting-edge technology will enable HashKey Global to automatically screen transactions and wallets, trace fund flows, and implement robust risk management strategies effectively.
With extensive asset coverage and rapid data insights, HashKey Global will be well-equipped to meet regulatory requirements and foster a safer digital asset ecosystem. This collaboration will support HashKey’s global expansion, ensuring that their compliance framework remains robust and adaptable to the dynamic regulatory landscape.
Ben El-Baz, Managing Director of HashKey Global, stated, "We are excited to deepen our partnership with Elliptic. Their blockchain analytics and compliance expertise have significantly enhanced our AML program, setting new standards for crypto industry transparency. Elliptic’s asset coverage and data insights enable us to identify anomalies in digital asset transactions, surpassing traditional methods. This collaboration strengthens our compliance and risk management strategies, ensuring regulatory compliance and a safer digital asset ecosystem."
James Smith, co-founder of Elliptic, commented, "The partnership with HashKey Global aligns perfectly with our mission to enhance transparency and security across the digital financial ecosystem. By combining our industry-leading blockchain analytics with HashKey’s commitment to compliance, we are setting a new benchmark for risk management in the crypto exchange industry."
As the digital asset market evolves, both companies will continue to enhance their collaboration to tackle emerging regulatory challenges. By leveraging advanced analytics and a strong compliance framework, HashKey aims to exceed regulatory expectations and build trust among users. This alliance will drive innovative solutions, promoting a secure and transparent digital asset ecosystem for sustainable growth in the crypto economy.
About HashKey Global
HashKey Global is the flagship digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide, and becomes one of the fastest-growing crypto exchanges in 2024. HashKey Global has obtained a license from the Bermuda Monetary Authority providing mainstream trading and service products such as LaunchPad, contracts, leverage, etc.
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For more details, please visit global.hashkey.com.
For media inquiries, please contact luna.wang@hashkey.com
About Elliptic
Elliptic is the global leader in cryptoasset risk management for crypto businesses, governments, and financial institutions worldwide. Recognized as a WEF Technology Pioneer and backed by investors including J.P. Morgan, Wells Fargo Strategic Capital, SBI Group, and Santander Innoventures, Elliptic has assessed risk on transactions worth several trillion dollars, uncovering activities related to money laundering, terrorist financing, fraud, and other financial crimes. Elliptic is headquartered in London with offices in New York, Singapore, and Tokyo.
To learn more, visit www.elliptic.co.
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As the cryptocurrency exchange landscape continues to grow, the need for increased collaboration between HashKey Global and Elliptic is clear. doodle baseball