HashKey has partnered with Mox, a digital bank under Standard Chartered Bank, to integrate its API, allowing Mox users to purchase digital assets directly through the bank's interface. This collaboration marks a significant expansion for HashKey into the traditional banking sector, highlighting its compliance and security capabilities. Mox, the second-largest virtual bank in Hong Kong, serves approximately 750,000 customers, representing a substantial portion of the local workforce.
The partnership enables Mox to leverage HashKey's digital financial infrastructure, facilitating seamless expansion into digital asset services without the need for complex system development. HashKey's fully licensed status and robust security measures, including 98% cold wallet storage and insurance coverage, meet the stringent requirements of traditional banks. This collaboration not only enhances Mox's service offerings but also positions HashKey as a key player in bridging traditional finance with the Web3 ecosystem, tapping into a new market of high-net-worth, young, and active users.
HashKey Partners with Mox to Enhance Digital Asset Access in Hong Kong
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