HashKey Exchange, the licensed virtual asset exchange in Hong Kong, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, today announced the execution of a Memorandum of Understanding (MoU) for a strategic partnership.
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Under the MoU, HashKey Exchange and Animoca Brands will collaborate to establish cooperative opportunities and strategic developments on virtual assets, including providing public education activities about Web3 and potential listing of certain virtual assets on HashKey Exchange. As part of the strategic partnership, Animoca Brands will open an account on HashKey Exchange, emphasizing a mutual commitment to compliant virtual asset trading.
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HashKey Group, the parent company of HashKey Exchange, aims to become a key builder of infrastructure in the Asian Web3 digital entertainment ecosystem, contributing to network security and operational efficiency. Animoca Brands and HashKey Group will closely monitor the cutting-edge trends in the digital entertainment economy. Both parties will leverage innovative technologies such as smart contracts and zero-knowledge proofs, promoting the integration of blockchain technology in the digital entertainment sector.
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Livio Weng, HashKey Group COO and HashKey Exchange CEO, said: “We are excited to partner with Animoca Brands, a pioneer in blockchain and digital property rights. This collaboration is a testament to our commitment to providing diverse and innovative offerings to our users. The goal of this partnership is to stimulate the growth and innovation of the digital entertainment industry.”
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Yat Siu, co-founder and executive chairman of Animoca Brands, commented: “Partnering with HashKey Exchange aligns with our mission to make blockchain technology and true digital ownership more accessible to a global audience. We look forward to contributing to the vibrant community at HashKey and providing engaging educational content through HashKey Academy.”
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This partnership underscores HashKey Exchange’s commitment to expanding its digital asset offerings and aligns with Animoca Brands’ vision of mainstream adoption of blockchain gaming and other products and fostering a more inclusive digital economy.
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About HashKey Exchange
On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, Hash Blockchain Limited (HashKey Exchange) has been granted as the first batch of licensed virtual asset exchanges to offer retail services in Hong kong
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About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help establish the open metaverse.
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