HashKey Group Strategically Collaborates with Multipoint to Promote Stablecoin in Hong Kong

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HashKey Group has established a comprehensive strategic partnership with MultiPoint Digital Intelligence, advancing Web3 technology research and application and developing the digital asset market.
The collaboration between the two parties focuses on supporting compliant transactions, Bitcoin investment, and developing a tokenization model for real-world assets (RWA), while also promoting Stablecoin integration into the real economy.

MAIN CONTENT
  • HashKey Group supports MultiPoint Digital Intelligence in compliant Bitcoin transactions through a licensed exchange.
  • Both parties collaborate to establish a Web3 laboratory to research real-world asset tokenization financial models.
  • HashKey will provide technological support for Duodian in applying for Stablecoin issuance license in Hong Kong.

How are HashKey Group and MultiPoint Digital Intelligence collaborating in the digital asset field?

HashKey Group and MultiPoint Digital Intelligence signed a strategic partnership in February 2024, focusing on developing digital transaction services and compliant investment solutions. HashKey Group provides a licensed trading platform to support MultiPoint in Bitcoin investment and digital asset management.

According to Li Wei, CEO of HashKey, "The collaboration not only enhances MultiPoint's Bitcoin investment capabilities but also builds a more transparent and safe digital asset ecosystem." (HashKey Group, 2024)

What are the objectives of the "Web3 Technology Co-creation" laboratory established by both parties?

The Web3 laboratory was established to develop and test financial models based on real-world asset tokenization (RWA). The goal is to provide comprehensive solutions for retail users in converting real assets to digital form, expanding the potential of DeFi.

"Researching real-world asset tokenization will be an important step in effectively connecting traditional finance and the cryptocurrency market."

Liu Hao – HashKey R&D Research Director, 2024

These tokenization financial models contribute to increasing liquidity, reducing transaction costs, and opening new investment opportunities for both individual and institutional investors.

How is HashKey supporting Stablecoin development in Hong Kong?

Recently, Duodian announced preparing to apply for a Stablecoin issuance license in Hong Kong. HashKey Group will provide a technological platform and a strictly compliant security ecosystem to support this project, thereby promoting Stablecoin integration with the real economy.

"Integrating standard Stablecoin into the real economy will create sustainability and transparency in the digital financial system."

Pham Anh Hung – HashKey Innovation Director, 2024

Stablecoin is considered the core infrastructure of on-chain finance, helping to reduce price volatility and facilitate more convenient digital asset transactions in international markets.

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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.
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