HashKey Capital received Hong Kong’s SFC approval to manage virtual asset investments, offering professional investors customized crypto strategies under its Type 9 license.
The firm can now handle spot crypto, OTC trading, staking, and derivatives while ensuring compliance with evolving regulations.
HashKey Capital also secured a Type 4 license in May 2024 and an AMLO license, solidifying its regulatory position.
HashKey Capital has secured fresh from Hong Kong’s Securities and Futures Commission (SFC), allowing it to offer discretionary account management services for virtual assets. Professional investors can now access curated investment strategies through the firm’s existing Type 9 license.
🚨 HashKey Capital Secures SFC Approval for Virtual Asset Discretionary Account Management 🇭🇰We’re now authorized to expand access to compliant, institutional-grade crypto investment strategies to professional investors.🔗 Full announcement: https://t.co/Ns1DBTE5L2🧵👇
🚨 HashKey Capital Secures SFC Approval for Virtual Asset Discretionary Account Management 🇭🇰We’re now authorized to expand access to compliant, institutional-grade crypto investment strategies to professional investors.🔗 Full announcement: 🧵👇
The approval positions HashKey Capital among a select group of fund managers in Hong Kong who are authorized to provide such services. The firm can now manage spot crypto investments and derivatives across a pre-approved list of trading platforms. Investors gain flexibility in virtual asset investments while ensuring regulatory compliance.
“With our discretionary account management services, we provide clients with the confidence to explore this sector, backed by the expertise of industry professionals managing their portfolios in alignment with their investment mandates,” said Vivien Wong, Partner, Liquid Funds.
Full Investment Lifecycle Management: OTC, Derivatives, and More
Hong Kong has been working to establish itself as a leading hub for digital assets in Asia, and this move further strengthens that position. While the region has built one of the world’s most progressive crypto regulatory frameworks, some areas — such as over-the-counter (OTC) trading and derivatives — still lack full regulatory clarity.
HashKey Capital’s discretionary account management approval helps bridge that gap. It allows professional investors to explore emerging investment opportunities while ensuring compliance with evolving regulations. The firm offers tailored investment strategies, including OTC trading, staking, and derivatives, all designed to align with each investor’s financial goals.
“With this approval, we can manage spot crypto, OTC trading, derivatives, and staking under customized investment mandates,” the company.
Professional investors can either choose from HashKey Capital’s pre-set strategies or work with the firm to design fully customized investment plans. The authorization also ensures flexibility, as investors are not locked into a single trading platform but can access multiple vetted exchanges, prioritizing security and compliance.
“From portfolio allocation to ongoing risk management, we handle the full investment lifecycle — so investors can focus on broader financial goals,” said HashKey.
A Growing Presence in the Regulatory Landscape
HashKey Europe recently a Virtual Asset Service Provider (VASP) license from Ireland’s Central Bank. On May 13, 2024, HashKey Capital Limited another significant milestone — it secured a Type 4 licence from the SFC. This makes the firm the first licensed corporation in Hong Kong capable of offering securities, virtual asset management, and advisory services to retail investors, subject to certain conditions.
Just a few weeks later, on May 31, 2024, HashKey Exchange the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) license. This key regulatory approval allows it to operate a virtual asset trading platform, reinforcing Hong Kong’s structured approach to digital asset trading.
🌐 We’ve secured the Capital Markets Services (CMS) license from @MAS_sg!As a licensed fund management company (LFMC), this empowers us to provide regulated fund management services in the realm of capital markets products. 🏦💼@techinasia 📰👇https://t.co/WIQQ31T99J pic.twitter.com/oFrd0QbNxI
🌐 We’ve secured the Capital Markets Services (CMS) license from !As a licensed fund management company (LFMC), this empowers us to provide regulated fund management services in the realm of capital markets products. 🏦💼 📰👇
Even beyond Hong Kong, HashKey Capital has been expanding its regulatory footprint. In December 2023, its Singapore subsidiary secured a full Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).