HashKey Exchange, Hong Kong's largest* licensed virtual asset trading platform, has officially launched its Marketplace feature, enabling OTC block traders to compare quotes from multiple active liquidity providers in real time, with both real-time and delayed settlement options. This feature is primarily intended for institutional investors, asset managers, family offices, and high-net-worth individuals, with some retail users also available. Application scenarios include large-scale asset allocation and quarterly or month-end settlement.
Traditional over-the-counter (OTC) block trades rely heavily on manual communication and individual price inquiries, which is not only time-consuming and labor-intensive, but also prone to incurring additional costs due to information asymmetry. HashKey Exchange Marketplace transparently displays price comparisons from multiple liquidity providers, helping clients select the lowest price and enabling real-time tracking of order progress for effective control over the transaction process. Furthermore, the platform utilizes an all-inclusive quote model, covering all transaction costs at once. The platform also offers both real-time and delayed settlement modes, enabling funds to be deposited in seconds, making block trades safer, more efficient, and more streamlined.
Currently, Marketplace's quote sources include 4 active liquidity providers, with single transaction sizes ranging from US$10 to US$10 million.
Users can complete OTC block trades in three steps:
1. Submit your request : Select the currency, settlement method, and enter the transaction amount.
2. Real-time price comparison : The system aggregates real-time, all-inclusive quotes from multiple top market makers for you to compare and select with one click.
3. Confirm the transaction : Confirm the transaction within the quote validity period. After the transaction is completed, the platform will automatically generate a unique inquiry number and order record to ensure that each transaction is traceable and auditable.
Shi Jiayun, Head of OTC at HashKey, said, "For large-volume traders, transparency fosters trust, efficiency takes precedence, and security ensures success. Therefore, we are continuously optimizing our product experience—making prices more transparent, transactions more efficient, and settlements more secure. Going forward, we will continue to prioritize compliance, prioritize our customers, and continuously enhance our service capabilities, working with the industry towards a more professional and robust future."
HashKey Exchange will continue to optimize its OTC block trading experience and expand its service depth and breadth. Furthermore, the platform will actively promote collaboration and exchange within the industry by building an open and collaborative ecosystem, thereby jointly promoting the healthy development of the virtual asset market .
About HashKey Exchange
HashKey Exchange is committed to setting new standards for virtual asset exchanges in terms of compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. Currently, it holds licenses from the Hong Kong Securities and Futures Commission (SFC) under the Securities and Futures Ordinance (SFO) for Type 1 (Dealing in Securities), Type 7 (Providing Automated Trading Services), and the Anti-Money Laundering Ordinance (AMLO) to operate a virtual asset trading platform. As the flagship business of the HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PIs) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not offer services to users in mainland China, the United States, and certain other jurisdictions.
* As of September 4, 2025, HashKey Exchange is ranked 16th on CoinGecko and is the highest-ranked licensed virtual asset exchange in Hong Kong.