Hong Kong, Oct. 14, 2025 — HashKey Exchange, Hong Kong’s largest* licensed virtual asset exchange, announced today the signing of a Memorandum of Understanding (MOU) with HATA, Malaysia’s leading licensed digital asset exchange. This partnership marks a significant step in HashKey Exchange’s Southeast Asia strategy and aims to deliver a secure and transparent framework of digital asset services for regional users.
According to the MOU, HashKey Exchange and HATA will leverage their respective strengths in Hong Kong and Malaysia to explore a multi-dimensional collaboration in the Southeast Asian market, focusing on areas including technology, regulations, user experience, and business model innovation. Specifically, the partners will evaluate API connectivity and system integration to boost efficiency and market liquidity. The collaboration will also involve a joint study of regulatory frameworks in jurisdictions like Hong Kong and Malaysia to ensure a compliant and robust operating model. These efforts are aimed at optimizing trading experiences for investors across Southeast Asia, alongside a push to develop diverse business models that support the region’s sustainable market growth.
Haiyang Ru, CEO of HashKey Exchange BG, said: “We are delighted to partner with HATA to explore digital asset opportunities in Southeast Asia. Together, we look forward to driving the growth of the regional digital finance ecosystem and bringing safer, more compliant, and more efficient services to Malaysia and the wider Southeast Asian market.”
David Low, Co-founder and CEO of HATA, commented: “Our collaboration with HashKey Exchange marks a significant milestone for the digital asset ecosystem in Asia. By combining HATA’s strong foundation in Malaysia with HashKey’s regulatory expertise in Hong Kong, we are laying the groundwork for a more connected and compliant cross-border digital finance network that benefits users across Southeast Asia.”
This partnership demonstrates HashKey Exchange’s position as a leading licensed exchange in Asia. Moving forward, HashKey will continue to expand regional partnerships to support the healthy growth of the digital asset sector and provide better services for both individual and institutional users.
*Note: As of October 13, 2025, HashKey Exchange ranks 16th among global exchanges on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.
關於 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 a Type 1 (Dealing in securities) licence, Type 7 (Providing automated trading services) licence and the Anti-Money Laundering (AML) 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. HashKey Exchange does not service users from Mainland China, The United States and certain other jurisdictions in compliance with laws and regulations. This material has not been reviewed by the Securities and Futures Commission of Hong Kong or any other regulator.
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About Hata
Hata seamlessly connects the traditional financial system with the evolving world of digital assets, enabling both retail and institutions to easily buy, sell, and access digital assets using fiat currencies like the US Dollar and Malaysian Ringgit.
Hata is regulated by both the Securities Commission Malaysia and the Labuan Financial Services Authority, making it the only dual-licensed exchange in Malaysia which ensures the highest standards of safety and oversight. As the exchange with the lowest trading fees and most number of digital assets offerings in Malaysia, Hata aims to make digital assets trading accessible and cost-effective for all users.
For press inquiries, contact Hata at [email protected].
