As the market cools, HashKey is injecting new momentum into traditional finance.
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As the market cools, HashKey is injecting new momentum into traditional finance.
For traditional banks, regulatory compliance is the top priority when selecting partners, and asset security is the bottom line. HashKey’s full licensing status means it can engage in dialogue with banks within the same regulatory framework.
Navigating Web3 tides with focused insightsMox recently integrated HashKey’s API, enabling users to purchase digital assets directly within the Mox interface. In such partnerships, HashKey provides its API to institutions like Mox or ZA Bank, allowing users to transact on the institution’s platform. Over the past year and more, Guotai Junan Securities, Futu Holdings, and ZhongAn Online have each integrated HashKey’s API.
New Partnerships Signal New Opportunities: HashKey Drives Fresh Growth for Institutions
Mox is a digital bank affiliated with Standard Chartered Bank and ranks as Hong Kong’s second-largest virtual bank—topping all others in loan volume and revenue generation. As of end-2025, Mox serves approximately 750,000 customers; given Hong Kong’s labor force of roughly 3.8 million, this means one in every five working Hong Kong residents holds a Mox account. Moreover, Mox’s total loan balance stands at around HK$11 billion, reflecting an exceptionally high loan-to-deposit ratio—indicating that Mox users are not merely depositing funds but actively using the platform for spending and liquidity management.
Securing a partnership with Mox firmly positions HashKey as a “top performer” among digital asset firms. Prior to this, Guotai Junan and Futu were brokerage firms, while ZhongAn operated as a relatively pure-play digital bank. By contrast, Mox operates under the Standard Chartered banking ecosystem—a notable expansion of HashKey’s partner base into the traditional banking sector, where security and regulatory compliance standards rank among the highest in the financial industry.
When selecting partners, traditional banks prioritize regulatory compliance above all else—and asset safety forms their absolute baseline. HashKey’s full licensing status enables it to operate and communicate within the same regulatory framework as banks. Furthermore, HashKey’s robust security infrastructure—including 98% cold wallet storage, comprehensive insurance coverage, and high-standard asset custody—meets banks’ exacting security requirements.
HashKey delivers a plug-and-play digital financial infrastructure. Through mature, battle-tested APIs, Mox can rapidly launch digital asset services without building complex underlying systems from scratch. This “move-in-ready” capability has already been validated across diverse top-tier financial institutions—demonstrating HashKey’s ability to withstand the most rigorous risk-control scrutiny and paving the way for compliant adoption by future partners.
HashKey is also unlocking entirely new growth avenues for traditional institutions. Post-integration, Mox may gain more than just transaction fees. Web3 users typically combine high net worth with youth and engagement. Leveraging HashKey’s capabilities, Mox can retain capital that would otherwise flow overseas to international exchanges—keeping “digital gold” within its own banking ecosystem.
A New Model Fuels New Momentum: HashKey Discovers Its Second Growth Engine
Prior to partnering with Mox, HashKey had long held strong advantages in institutional collaboration—backed by solid demand and promising prospects—though it remained relatively low-profile, attracting limited external attention. Many observers still view HashKey through the lens of retail users, frequently misreading its core competitive edge. While Web3 has historically been retail-driven, HashKey’s institutional strengths have often gone overlooked.
Hong Kong—renowned for its emphasis on compliance—stands as one of the few bridges between traditional finance and Web3. As the flagship brand of Hong Kong’s compliant Web3 sector, HashKey combines regulatory credibility with superior liquidity in compliant exchanges, making it the natural choice for most firms. Its strategic positioning is secure, and its foundational business is sound.
Meanwhile, the existing Web3 retail user base is growing increasingly dormant, while traditional finance users show rising interest in entering the market. Through API-based collaborations like the one with Mox, HashKey gains direct access to a broader pool of traditional finance users—without needing to shoulder front-end customer acquisition or education. This approach expands beyond the saturated, zero-sum competition within the crypto space and instead taps into untapped financial market growth.
In these partnerships, the initial point of contact and entry into trading services shifts from HashKey to mature financial institutions like Mox. Users complete account opening, operations, and trust-building entirely within their familiar banking environment—while HashKey powers the underlying trading infrastructure. Effectively, HashKey outsources two of the most challenging aspects—customer acquisition and credit endorsement—to traditional institutions that, due to regulatory constraints, cannot hold crypto assets directly. Institutions like Mox bring massive user bases and strong reputational credibility. Transaction volume for this business segment surged unexpectedly over the past year, rocketing into HashKey’s core revenue streams.
For mature financial institutions like Mox, integrating a backend trading or custody provider typically involves extensive risk-control validation and system integration—testing everything from fund security to trading stability—often spanning quarters or even years. Once live, internal risk parameters, clearing and settlement workflows, and team coordination all revolve around the chosen partner. Switching providers later would require re-approval and rebuilding entire systems—significantly increasing both cost and risk.
Given Mox’s large user base and stringent regulatory requirements, establishing and sustaining such a partnership itself serves as powerful external validation. Consequently, these relationships naturally evolve into HashKey’s durable, long-term competitive advantage.
Clearly, HashKey’s moat is strengthening steadily—and its position as critical financial infrastructure is becoming ever more entrenched.
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