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HashKey Capital's No. 9 license has been approved by the Hong Kong Securities and Futures Commission to upgrade and will be able to provide virtual asset fund products and services to retail investors

HashKey Capital, an institutional-grade virtual asset management company, has officially announced that it has obtained an exemption from the Securities and Futures Commission (SFC) of Hong Kong for the qualified investor clause in its existing asset management (Type 9) license for HashKey Capital Limited. As one of the first virtual asset management companies to upgrade its license, HashKey Capital Limited will be able to provide fund product services related to virtual assets for retail investors in the future (specific products require final approval from the SFC). Deng Chao, the head of HashKey Singapore and CEO of HashKey Capital, said: "This license upgrade demonstrates our firm commitment to regulatory compliance and safeguarding the rights and interests of investors. This not only reflects our leading role in the industry, but also provides retail investors with a professional, trustworthy, and regulated platform to participate in capturing high-growth opportunities in the virtual asset market." In addition, this license upgrade will also bring new product categories, open up new markets and opportunities for HashKey Capital, and expand its influence in the field of virtual asset management. This is consistent with HashKey Capital's strategic vision of providing diversified investment solutions to adapt to the constantly evolving virtual asset market. Previously, on April 6th, HashKey Capital announced a strategic partnership with Bosera International, aiming to promote innovation and industry growth. With the recent license upgrade, this cooperation is expected to pave the way for joint research on innovative fund products, including spot ETFs, and bring new investment opportunities to retail investors.

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