HashKey Group, a leading digital asset financial services group in Asia, announced that it signed a memorandum of cooperation with the Guangzhou Data Exchange on June 17. With the support of governments in Guangdong and Hong Kong, both parties will promote the construction of a digital asset cross-border flow innovation pilot zone in Nansha, Guangzhou, establish a compliant investor mechanism, explore compliant issuance channels for data circulation and innovative digital asset trading services in the Guangdong-Hong Kong-Macau Greater Bay Area, and help build a new highland for digital economic development.
(HashKey Group Chairman and CEO Xiao Feng and Guangzhou Data Exchange Chairman Xu Jingxin completed the signing ceremony)
Recently, the People's Bank of China, Financial Supervisory Authority, China Securities Regulatory Commission, State Administration of Foreign Exchange, and Guangdong Provincial People's Government jointly issued the "Opinion on Financial Support for Guangzhou Nansha to Deepen Comprehensive Cooperation Facing the World" (hereinafter referred to as the "Opinion"), proposing to support the Guangzhou Data Exchange in improving comprehensive services for data circulation and trading, strengthening cooperation with Hong Kong-licensed digital asset trading platforms, and innovating digital asset trading services.
This cooperation is a key step for both parties to implement the "Opinion" and actively respond to national strategic deployment, deeply integrating into the Guangdong-Hong Kong-Macau Greater Bay Area's integrated development. Focusing on collaborative development in the digital asset field, it aims to promote the deep integration of mainland China's technological and industrial resources with Hong Kong's financial resources. By fully leveraging the advantages of mainland China's industrial resources and Hong Kong's global capital aggregation and efficient financial services as an international financial center, they will form an organic linkage and deep complementarity. Both parties will use specific practical cases as entry points, fully connect the digital asset trading rule systems of Guangdong and Hong Kong, jointly develop standards for data circulation and innovative digital asset trading services, and actively cultivate a compliant digital asset service ecosystem.
Through deep cooperation between the exchanges in Guangdong and Hong Kong, they can clarify the digital asset industry ecosystem, compliance, and iterative path. By establishing the safety red lines and compliance matters for institutional innovation, anchoring underlying assets on-chain, they will accelerate innovative services for digital asset trading in the Greater Bay Area, promote the full-chain development of digital asset projects from conceptual incubation to industrial implementation, construct a digital asset innovation ecosystem with global resource allocation capabilities, and comprehensively enhance the region's strategic position in the global digital economy landscape.
About HashKey Group
HashKey Group is a leading digital asset financial services group in Asia with a global layout.
Since 2018, HashKey Group has built a global Web3 ecosystem under a highly compliant regulatory framework, spanning Hong Kong, Singapore, Japan, Bermuda, and other locations, including: HashKey Exchange, the largest licensed virtual asset exchange in Hong Kong; HashKey Global virtual asset exchange; HashKey MENA virtual asset exchange with Dubai Virtual Asset Regulatory Authority (VARA) license; HashKey Capital, a global asset management institution focusing on blockchain technology and digital asset investments; HashKey OTC providing compliant digital asset over-the-counter trading services; HashKey Cloud, a world-leading Web3 infrastructure provider; and HashKey Tokenisation, a tokenization service institution. HashKey Group also has a rich on-chain ecosystem, having developed Ethereum L2 HashKey Chain and launched the HashKey ecosystem token HSK.
HashKey Group will continue to promote the feasibility of blockchain technology's large-scale application in multiple fields, providing trusted and accessible digital asset services for one billion global users.
*As of January 31, 2025, HashKey Exchange ranks 7th on Coingecko, the highest-ranking licensed virtual asset exchange in Hong Kong.
About Guangzhou Data Exchange
Adhering to the functional positioning of "rooted in Guangdong, facing the Bay Area, serving the whole country", since its establishment in Nansha in September 2022, the Guangzhou Data Exchange has built a full-chain data circulation and trading ecosystem "horizontally to cities and vertically to industries", with business coverage spanning 25 industries including intelligent manufacturing, finance, and health, and having established 14 data integration application service bases nationwide. As a key node for data factor circulation in the Guangdong-Hong Kong-Macau Greater Bay Area, it deeply explores cross-border data flow mechanisms, leverages the "data special zone" to promote cross-border data factor flow, has completed data asset entry for cross-border data products "offshore trade", helping Guangzhou achieve a breakthrough in cross-border data asset entry, and has completed transactions of "ESG rating data" with partners in Hong Kong, facilitating the first nationwide cross-border ESG data transaction.
