HashKey Group ("HashKey" or the "Group"), Asia's leading digital asset financial services group , announced that it has signed a memorandum of cooperation with the Guangzhou Data Exchange on June 17. With the support of the governments of Guangdong and Hong Kong, the two parties will promote the construction of a cross-border digital asset flow innovation pilot zone in Guangzhou Nansha, build a compliant investor mechanism, explore the compliant issuance channels for data circulation transactions and innovative digital asset trading services in the Guangdong-Hong Kong-Macao Greater Bay Area, and help the Guangdong-Hong Kong-Macao Greater Bay Area build a new highland for the development of the digital economy.
(HashKey Group Chairman and CEO Xiao Feng and Guangzhou Data Exchange Chairman Xu Jingjing completed the signing ceremony)
Recently, the People's Bank of China, the State Administration of Financial Supervision, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, and the People's Government of Guangdong Province jointly issued the "Opinions on Financial Support for Guangzhou Nansha to Deepen the Comprehensive Cooperation of Guangdong, Hong Kong and Macao with the World" (hereinafter referred to as the "Opinions"), proposing to support the Guangzhou Data Exchange to improve the comprehensive services of data circulation and trading, strengthen cooperation and docking with Hong Kong's licensed digital asset trading platforms, and innovate digital asset trading service methods.
The achievement of this cooperation is a key step for both parties to implement the "Opinions" and actively respond to the national strategic deployment, and deeply integrate into the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area. Taking the coordinated development of the digital asset field as a breakthrough, it aims to promote the deep integration of Hong Kong's financial resources with the mainland's science and technology and industrial resources. Give full play to the advantages of mainland real industry resources and Hong Kong's advantages as an international financial center in global capital aggregation and professional and efficient financial services, forming an organic linkage and deep complementarity. The two parties will take specific practical cases as the starting point, open up the digital asset trading rules system between Guangdong and Hong Kong in a closed loop throughout the process, jointly formulate standards related to data circulation and innovative digital asset trading services, and actively cultivate a compliant digital asset service ecosystem.
Through in-depth cooperation between the Guangdong and Hong Kong exchanges, we can clarify the digital asset industry ecology, compliance and trial-and-error iteration paths. On the basis of clarifying the safety red lines and compliance matters of institutional innovation, we can anchor the underlying assets on the chain and press the accelerator for innovative services for digital asset transactions in the Guangdong-Hong Kong-Macao Greater Bay Area. This will promote the full-chain development of digital asset projects from creative incubation to industrial implementation, build a digital asset innovation ecosystem with global resource allocation capabilities, and comprehensively enhance the region's strategic position in the global digital economy.
About HashKey Group
HashKey Group is Asia's leading digital asset financial services group with a global presence.
Since 2018, HashKey Group has built a global Web3 ecosystem in Hong Kong, Singapore, Japan, Bermuda and other places within a high compliance standard regulatory framework, including: Hong Kong's largest* licensed virtual asset exchange HashKey Exchange, virtual asset exchange HashKey Global, virtual asset exchange HashKey MENA licensed by Dubai Virtual Asset Regulatory Authority (VARA), global asset management agency HashKey Capital focusing on investing in blockchain technology and digital assets, HashKey OTC providing compliant digital asset over-the-counter trading services, world-leading Web3 infrastructure provider HashKey Cloud, and tokenization service agency HashKey Tokenisation. HashKey Group also has a rich on-chain ecosystem, has developed Ethereum L2 HashKey Chain, and launched HashKey ecological currency HSK.
HashKey Group will continue to promote the feasibility of large-scale application of blockchain technology in multiple fields and provide trustworthy and accessible digital asset services to one billion users around the world.
*As of January 31, 2025, HashKey Exchange is ranked 7th on Coingecko and is the highest-ranked licensed virtual asset exchange in Hong Kong.
About Guangzhou Data Exchange
Guangzhou Data Exchange adheres to the functional positioning of "based in Guangdong, facing the Bay Area, and serving the whole country". Since its unveiling in Nansha in September 2022, it has built a full-chain data circulation and transaction ecosystem "horizontally to cities and vertically to industries". Its business covers 25 industries such as smart manufacturing, finance, and health care, and has established 14 data fusion application service bases across the country. As a key node for the circulation of data elements in the Guangdong-Hong Kong-Macao Greater Bay Area, it deeply explores the cross-border two-way circulation mechanism of data, and promotes the cross-border flow of data elements based on the "Data Special Zone". It has promoted the "offshore trade" of cross-border data products to complete the inclusion of data assets in the table, helping Guangzhou to achieve a "zero" breakthrough in the inclusion of cross-border data assets in the table, and promoting the completion of transactions with partners in Hong Kong for "ESG rating data", helping the first cross-border transaction of ESG data in the country.
