Hash Blockchain Limited and Hundsun Ayers Technologies Limited have signed a Memorandum of Understanding (MOU) to explore strategic cooperation in the field of virtual assets and financial services. HashKey PRO, a regulated virtual asset exchange set to launch in the second quarter of 2023, is operated by HashKey, which has received approval from the Securities and Futures Commission of Hong Kong to operate a virtual asset trading platform under a Type 1 (Dealing in securities) license and a Type 7 (Providing automated trading services) license.
Hundsun Ayers, a subsidiary of Hundsun, a prominent Chinese financial technology company, established in 2019, will work with HashKey to develop joint products and service offerings, which allow licensed securities and financial brokers to use the products and services of both companies.
The MOU outlines several key areas of cooperation between HashKey and Hundsun Ayers, including commercial and technical cooperation, product development, and marketing collaboration. In particular, both companies will focus on exploring the joint development of new products and service offerings that will allow licensed securities and financial brokers to utilize the products and services of both companies. Hundsun Ayers and HashKey will explore collaboration on marketing of the new products and any other joint initiatives to respective target markets with the aim of maximizing adoption.
Colin Zhong, CEO of Hash Blockchain Limited, believes that the collaboration is the key to unlocking the significant future of the Hong Kong virtual asset market and beyond. He believes that together, the companies can leverage their collective expertise, resources, and networks to create new opportunities, drive innovation, and unlock the full potential of the virtual asset market. John Ng, Vice President of Hundsun Ayers Technologies Limited, thinks that extending to the new area of digital asset trading, Hong Kong, the internationalized market, will highly be encouraged on servicing their investors with new dimensions.
This MOU represents a key step forward for both companies in the virtual asset market. HashKey and Hundsun Ayers are committed to pursuing this partnership with dedication and focus to achieve mutual success in the financial and virtual asset market. The MOU also marks a significant milestone for new regulated virtual asset exchange HashKey PRO.
In summary, the partnership between HashKey and Hundsun Ayers aims to explore innovative and cutting-edge solutions in the financial and virtual asset market. Both companies will work together to create new products and service offerings that will allow licensed securities and financial brokers to utilize the products and services of both companies. This collaboration represents a significant step forward for both companies in the virtual asset market.
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