HK Stock Market Move | HASHKEY HLDGS (03887) rose more than 9% in the afternoon, with the company participating in the investment of CAEX and setting up a pilot project for compliant digital asset in Vietnam.
HASHKEY Holdings (03887) rose over 9% in the afternoon, as of the time of writing, it was up 8.93% to HKD 5, with a turnover of HKD 11.67 million.
HASHKEY HLDGS(03887) rose more than 9% in the afternoon, reaching a 8.93% increase at the time of writing, with a price of HK$5 and a turnover of HK$11.6732 million.
On the news front, HashKey revealed that it has completed an investment in CAEX, a local digital asset trading platform operator in Vietnam, together with OKX Ventures. This investment aims to meet the capital requirements of participating institutions in a regulatory pilot project in Vietnam, helping them apply for participation in a regulated digital asset trading pilot project in Vietnam. All parties involved in the collaboration plan to explore technology, risk control, compliance management, and other aspects within a compliant framework, with related business activities only targeting overseas compliant markets.
In addition, the Hong Kong Monetary Authority will announce the first batch of stablecoin licenses on April 10 at 5 pm, and licensed stablecoin issuers will then meet with the media. Zheshang points out that as a leading licensed digital asset exchange based in Hong Kong, HashKey is well-positioned to capitalize on its first-mover advantage in receiving compliant incremental funds in the future.
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