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Press Release
Hashkey Group has entered into a Memorandum of Understanding (MOU) with CoinDesk Indices, the leading provider of digital asset indices since 2014. This landmark agreement aims to facilitate collaboration and mutual support across entities, aiming to bring greater transparency, accessibility, and sophistication to the cryptocurrency market.
The market is demanding a need for spot ETFs and compliant ways to invest in crypto. To meet this crucial need in the region, CoinDesk Indices plans to work with Hashkey Group on market data solutions that are better to align with Hong Kong needs. In turn, CoinDesk Indices will assist Hashkey Exchange in token listings support, such as proposing indices that can support token eligibility requirements for digital asset exchanges under the Hong Kong Virtual Assets Trading Platform (VATP) regulatory framework. For Hashkey Capital and HashKey Cloud, CoinDesk Indices is exploring the use of its systematic strategy offerings, such as the CoinDesk Bitcoin and Ether Trend Indicators, and other potential opportunities. These innovations in product offerings are designed with a focus on compliance and risk management, aiming to cater to the sophisticated needs of institutional clients, retail investors, and high-net-worth individuals, while adhering to the regulatory framework for investor protection.
HashKey Group COO and HashKey Exchange CEO, Livio Weng said: "We are thrilled to collaborate with CoinDesk Indices to enhance our offerings and better serve our clients. This partnership underscores our commitment to driving innovation and fostering growth in the crypto market."
Alan Campbell, President of CoinDesk Indices expressed enthusiasm about the new partnership with Hashkey Group, emphasizing the strategic expansion and heightened focus in the APAC region. He affirmed the company's dedication to the global digital asset markets, underscoring their mission to deliver premier solutions characterized by quality, transparency, and accessibility. "This collaboration with Hashkey Group marks a significant step towards our commitment to enrich the digital asset ecosystem and ensure it is more accessible, transparent, and of the highest quality for our global audience," Campbell stated."
As market demand continues to grow, HashKey Group and CoinDesk Indices will continue to collaborate closely, within regulatory frameworks, to bring users more innovative products and solutions.
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