Hong Kong’s largest* licensed digital asset exchange, HashKey Exchange, today announced that it has officially activated its settlement account with DBS Bank and, based on this account, launched fiat currency deposit and withdrawal as well as transaction settlement services. This collaboration marks another important development following the opening of HashKey Exchange’s corporate account with DBS Bank last year.
After this account service went live, HashKey Exchange also integrated DBS Bank’s same-name virtual account service. On top of standard account features, this service provides clients with same-name deposit, fund identification, and automatic reconciliation capabilities, while improving the efficiency of deposits and withdrawals. For institutional and corporate clients with high-frequency, large-volume, or complex reconciliation needs, the same-name virtual account service also delivers transparent and clear fund trails, thereby strengthening supervision of fund flows, enhancing transparency, optimizing compliance and risk control processes, and comprehensively elevating the fund management experience for enterprise users during digital asset transactions.
The cooperation between the two parties is extending from the corporate operating account level to core business infrastructure areas, including client fund segregation, fiat deposit and withdrawal processing, and transaction settlement. With HashKey Exchange’s official activation of DBS Bank’s settlement banking services, HashKey Exchange’s service capabilities in fiat fund clearing and settlement will be further strengthened, bringing more efficient and secure fiat fund management and asset trading connection services to institutional and corporate clients.
Commenting on the collaboration, Ru Haiyang, CEO of HashKey Exchange’s exchange business group, said: “We are honored to further expand our account service cooperation with DBS Bank. The launch of these client fund accounts and same-name virtual account services has significantly improved transaction efficiency and reconciliation convenience for our corporate clients. Going forward, HashKey Exchange will continue to expand its account service network with top-tier global banks, continuously refine its institutional-grade service capabilities, and provide safe, compliant, and efficient trading infrastructure support for more traditional financial institutions, corporate clients, and professional investors.”
About HashKey Exchange
HashKey Exchange is a digital asset exchange under the listed company HashKey Holdings Limited (3887.HK), committed to setting new standards in compliance, fund security, and platform safety for virtual asset exchanges. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. It has been approved by the Hong Kong Securities and Futures Commission (SFC) and holds Type 1 (dealing in securities) and Type 7 (providing automated trading services) licences under the Securities and Futures Ordinance, as well as a virtual asset trading platform operating licence under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, enabling it to operate a compliant virtual asset trading platform. HashKey Exchange has obtained ISO 27001 (information security) and ISO 27701 (privacy information) management system certifications. To comply with relevant laws and regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions.
*As of May 18, 2026, HashKey Exchange ranks 11th on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.
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