HashKey Exchange Enters into Strategic Partnership with Eddid Financial to Enhance Virtual Asset Deposit and Withdrawal Services for Eddid Financial's Clients

Hong Kong, June 28, 2024 — HashKey Exchange, the largest licensed virtual asset exchange in Hong Kong*, announces a strategic alliance with Eddid Financial. As a part of the collaboration, HashKey Exchange plans to provide Eddid Financial's subsidiary, Eddid Securities and Futures Limited (“ESFL”), with the Omnibus VA deposit and withdrawal service, providing clients^ with convenient, safe, and efficient virtual asset deposit and withdrawal services.

ESFL's clients can now trade virtual assets or cryptocurrencies approved by the Securities and Futures Commission (“SFC”), including Bitcoin and Ether, directly on the HashKey Exchange platform through Omnibus. This one-stop service will allow clients to benefit from traditional financial services while also easily entering the virtual asset market. Looking ahead, both parties will delve deeper into the field of virtual assets and work together to build a compliant, efficient, and robust virtual asset market future.

ESFL recently uplifted its license with the SFC, becoming one of the first brokers in Hong Kong to offer both traditional financial and virtual asset trading services. Members of Eddid Financial hold type 1, 2, 3, 4, 5, 6, and 9 regulated activity licenses issued by the SFC and have been dedicated to providing comprehensive financial services to institutions and individuals, while also actively exploring the virtual asset market.

Dr. Ricky Yeung, Head of the Virtual Assets Department at Eddid Financial, said, "We are delighted to collaborate with HashKey Exchange. Our group has always been committed to expanding our virtual asset business. This partnership combines Eddid Financial's wealth of experience and in-depth understanding of the investor community with HashKey Exchange's expertise and leading advantages in the virtual asset market. Together, we will promote the popularization of virtual asset trading within the regulatory framework, further solidifying Hong Kong's position as an international financial center and a hub for virtual asset trading."

HashKey Exchange CEO Livio Weng stated, "HashKey Exchange has always been dedicated to becoming a leader in the field of virtual asset trading. The cooperation with Eddid Financial not only brings new growth opportunities for our business but also a strong partner from traditional finance. We believe that through our joint efforts, we can provide investors with a safer and more transparent trading environment. We look forward to bringing more innovation and value to the virtual asset market in Hong Kong through this collaboration."

*Note: As of June 27, 2024, HashKey Exchange has achieved a total trading volume of 450 billion Hong Kong dollars since its inception, ranking in the top 10 on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.

^ Applicable only to holders of ESFL's virtual asset accounts.

About HashKey Exchange

On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, HashKey Exchange (HBL) was granted as a licensed virtual asset exchange to provide retail services in Hong Kong. HashKey Exchange has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence, Type 7 (Providing automated trading services) licence and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) licence. As HashKey Group's flagship exchange business, HashKey Exchange provides trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. Stay tuned for more details about HashKey Exchange. Follow us on Twitter and LinkedIn. For media enquiries and more information, please contact: HashKey Exchange Yvonne PR Manager yvonne.wang@hashkey.com

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating cutting-edge artificial intelligence technologies and other latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and virtual assets. Eddid Financial is committed to providing one-stop financial services and products to clients through high-quality investment solutions. Members of the Eddid Financial hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (RA) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC), and is a registered broker dealer with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States.

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HashKey Exchange Enters into Strategic Partnership with Eddid Financial to Enhance Virtual Asset Deposit and Withdrawal Services for Eddid Financial's Clients