HashKey Digital Asset Group and SEBA Bank have signed a partnership as they look to help accelerate adoption of digital assets in Hong Kong and Switzerland.
The duo will leverage their digital asset service offerings as well as custody and asset management products to drive digital asset adoption in the two markets.
The partnership will see HashKey become SEBA Bank’s preferred digital asset trading and market development partner in Hong Kong. Additionally, SEBA Bank will be the banking partner of choice for HashKey in Switzerland.
By working together, they hope to provide the market with reliable and differentiated solutions and avenues for institutional and professional investors who are seeking to take exposure in the digital asset ecosystem.
The duo are also committed to complying with and embracing the regulatory frameworks of each jurisdiction.
Speaking on the partnership, SEBA Bank Group CEO Franz Bergmueller said, “With a supportive regulatory framework, Hong Kong is a leading jurisdiction globally in the licensing provision of crypto products and services.
“It is important that the SEBA group becomes part of this ecosystem as a trusted, secure and transparent counterparty in this regulated crypto environment. We’re proud to partner with HashKey to establish and strengthen our presence in this critical market. As a leading provider of digital asset financial services in the Asian markets, HashKey will play an important role in expanding our presence and network in the region.â€
SEBA Bank is a crypto bank with a suite of fully regulated banking and investment services, including trading, structured products, bank accounts, credit, custody and staking.
HashKey Group recently received approval from the Securities and Futures Commission of Hong Kong to operate a virtual asset trading platform. This makes it the second in Hong Kong with this licence to provide automated trading services for professional investors in respect of virtual assets.
In other digital asset news, Matrixport is looking to raise $100m in funding. The company offers a full suite of cryptocurrency financial services. Â
Copyright © 2022 FinTech Global
