HashKey Group Participates in the HKMA's Project Ensemble Architecture Community

HashKey Group supports the establishment of the Project Ensemble Architecture Community and Hong Kong's forward-looking exploration of financial innovation. The Group will integrate its practical experience in virtual asset custody, trading, digital payments, STO solutions and RWA tokenisation to deliver comprehensive Web3 infrastructure support for the tokenisation of various financial assets, including bank deposits and green bonds.

Dr. Xiao Feng, Chairman and CEO of HashKey Group, said: "In the Web3 new economy, CBDC, based on distributed ledger technology, essentially represents the digital form of cash, facilitating interconnectivity between traditional and Web3 financial markets. The HKMA's wCBDC Project Ensemble initially focus on the use cases of tokenised deposits and tokenised asset transactions, further researching the value brought by the programmability and atomic settlement of digital assets. We could expect feasible standards and rules to be explored to enable digital assets' mainstream usage in the financing, payment, and settlement scenarios, contributing to a more efficient and liquid economic system in Hong Kong."

For more information on Project Ensemble: https://www.hkma.gov.hk/chi/news-and-media/press-releases/2024/05/20240507-4/

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About HashKey Group

Established in 2018, HashKey Group is Asia's leading end-to-end digital asset financial services group that upholds the principle of "compliance first". Headquartered in Hong Kong and with operations in Singapore, Tokyo, and Bermuda. The Group has a wide range of businesses that provide retail investors, large institutions, family offices, funds, and professional and accredited investors with innovative investment opportunities and end-to-end solutions in the fields of digital assets and the Web3 ecosystem.

Our core businesses include HashKey Exchange, a licensed virtual asset exchange regulated by the Hong Kong SFC; HashKey Capital, a global asset manager investing exclusively in blockchain technology and digital assets; HashKey Cloud, a leading provider of global Web3 infrastructure ; HashKey Tokenisation, a tokenisation services provider; and HashKey NFT, a Web3 incubation and community operation service provider, among others. To learn more about HashKey Group.