"HashKey Capital Secures SFC Nod for Virtual Asset Management"

HashKey Capital, a leading virtual asset management firm, has secured approval from the Securities and Futures Commission (SFC) of Hong Kong to offer discretionary account management services for virtual assets (VAs). This approval is a significant milestone for the company, enabling it to provide tailored investment strategies and risk mitigation services to professional investors in the region.

With this approval, HashKey Capital becomes one of the few fund managers authorized to deliver VA discretionary managed accounts to investors. The service offers two options: pre-built investment strategies and open mandates developed in collaboration with HashKey Capital. These investment mandates include spot trading, over-the-counter (OTC) trading, derivatives, and staking options, providing clients with a comprehensive range of investment choices.

The approval also expands clients' capabilities to choose from different trading platforms. Through its approved designation, HashKey Capital allows clients to access managed accounts through various exchanges, increasing their access to market trading platforms. This system enables clients to maintain investment control while evaluating opportunities in different markets, ensuring they can pick exchanges that excel in security measures, robust compliance, and operational speed.

HashKey Capital executes investment strategies chosen by clients, performing discretionary trading alongside portfolio planning and real-time tracking to maintain proper asset balances. The firm generates detailed reports, allowing investors to monitor their funds without daily involvement in investment management. This strategy enables investors to maintain their focus on the future targeted outcomes of their goals.

The rapid growth of the virtual asset market makes this service highly essential. According to Vivien Wong, a partner at Liquid Funds, the virtual asset market entry service from HashKey Capital helps investors feel secure. HashKey Capital merges investor requirements with investment portfolios to decrease market risks in this sector.

The approval facilitates Hong Kong's drive to establish itself as a leading virtual asset center in the Asia-Pacific region. The service at HashKey Capital supports investors through evolving products such as OTC and derivatives, even though specific regulations for these products remain under development.

The new approval of HashKey Capital enhances its operational capacity within the virtual asset industry. The new approval enables specialized services and safe risk mitigation for professional investors entering the virtual asset sector.