HashKey Exchange ranks first in the world in terms of virtual asset insurance coverage

avatar
PANews
04-29
This article is machine translated
Show original

HashKey Exchange Virtual Asset Insurance Coverage Reaches Global First

HashKey Exchange, one of the most trusted licensed virtual asset exchanges globally*, announced today that its virtual asset insurance coverage has reached global first**, marking a milestone breakthrough in virtual asset security protection and further consolidating its position as a leading virtual asset exchange in Asia.

To ensure investor fund safety, the Hong Kong Securities and Futures Commission (SFC) imposes strict insurance coverage requirements on licensed virtual asset trading platforms. In response, HashKey Exchange strictly follows the SFC requirements and has raised its insurance coverage to industry-leading levels, continuously practicing its core development philosophy of "compliance first" while strengthening its risk control system. Currently, HashKey Exchange has established deep cooperative relationships with multiple international insurance providers like OneDegree, providing comprehensive insurance protection for users' virtual assets.

In addition to providing corresponding insurance coverage, HashKey Exchange is equipped with bank-grade vault management, comprehensively safeguarding client asset security. This proactive compliance and exceeding requirements have resulted in zero asset losses since its establishment, building an outstanding safety reputation in the industry and winning broad market and investor trust and support. Since launching trading services for retail investors in August 2023, the platform's asset management scale has reached 10 billion Hong Kong dollars, with cumulative trading volume exceeding 600 billion Hong Kong dollars.

Terence Pu, Managing Director of HashKey Exchange, stated: "In virtual asset trading, compliance and security are the foundation of user trust. Our global first** insurance coverage is a concrete manifestation of our commitment to user asset security. By leveraging the professional capabilities of the insurance industry to protect user assets, HashKey Exchange has established a strict asset protection mechanism, becoming the preferred platform for virtual asset investors."

Rex Zhang, Chief Operating Officer of OneInfinity by OneDegree, said: "OneInfinity by OneDegree is delighted to collaborate with HashKey Exchange again to jointly safeguard clients' virtual asset security. We are committed to becoming a solid defense in the Web3 ecosystem, setting industry safety benchmarks through innovative insurance solutions and providing users with trustworthy asset protection."

*Note: Based on Forbes' "2025 Global Most Trusted Cryptocurrency Exchanges" February 2025 ranking, HashKey Exchange ranks 14th globally and is the only institution selected from Hong Kong.

**According to OneDegree, as of April 28, 2025, HashKey Exchange's virtual asset insurance coverage ranks first globally.

About HashKey Exchange:

HashKey Exchange is dedicated to defining new benchmarks for virtual asset exchanges in compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is among the first licensed retail virtual asset exchanges in Hong Kong. Currently approved by the Hong Kong Securities and Futures Commission (SFC), it holds Type 1 (Securities Trading) and Type 7 (Automated Trading Services) licenses under the Securities and Futures Ordinance, and a virtual asset trading platform license under the Anti-Money Laundering Ordinance, operating a compliant virtual asset trading platform. As the flagship business of HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not provide services to users from Mainland China, the United States, and certain other jurisdictions. This material has not been reviewed by the Securities and Futures Commission.

For more details, visit HashKey Exchange. Follow us on Twitter and LinkedIn. For media inquiries, contact: Yvonne Wang, Senior PR Manager at HashKey Exchange, yvonne.wang@hashkey.com

Disclaimer

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments