Hong Kong-based HashKey Exchange, a licensed virtual asset platform, has forged a strategic alliance with Animoca Brands, a leader in blockchain gaming and digital property rights. The partnership aims to elevate the digital asset ecosystem and Web3 adoption across Asia.
TLDR
- HashKey Exchange and Animoca Brands have signed a strategic partnership agreement to advance digital assets and Web3
- They will collaborate on virtual asset offerings, public education, and potential listings on HashKey Exchange
- Animoca will open an account on HashKey Exchange, showing commitment to compliant trading
- They will monitor trends in the digital entertainment economy and use technologies like smart contracts
- The partnership aligns with HashKey’s goal to expand digital asset offerings and Animoca’s mission to drive blockchain adoption
Under the terms of the agreement, HashKey Exchange and Animoca Brands will pursue collaborative opportunities around virtual assets and blockchain-based offerings.
Potential initiatives include co-hosting educational activities to increase public awareness of Web3 concepts as well as seeking regulatory approval to list select Animoca digital assets on the HashKey Exchange.
Additionally, in a display of commitment to compliant trading, Animoca Brands will be opening an account with HashKey Exchange. This underscores HashKey’s credibility as a regulated venue for institutional and retail investors to access vetted virtual assets.
The strategic partners also pledged to closely track emerging trends in the high-growth arena of digital entertainment. This signals an intention to leverage innovative technologies like smart contracts and zero-knowledge proofs to provide infrastructure for blockchain integration with music, gaming, social media, and more.
HashKey Exchange’s parent, HashKey Group, aims to be a vital player in Asia’s Web3 ecosystem. This alliance clearly furthers that ambition and sets the stage for additional partnerships. Meanwhile, for Animoca Brands, linking arms with a prominent regional exchange raises their profile in Asia and enables deeper engagement with local investor communities.
The collaboration is strategically vital for both parties. HashKey Exchange enhances its virtual asset catalog and cements legitimacy among Asian regulators. Animoca Brands gains exposure, liquidity, and the chance to showcase its digital property rights vision.
As blockchain technology continues penetrating mainstream business and culture globally, the partnership plants a flag for Hong Kong and Animoca Brands to wield significant influence in Web3’s future.
