HashKey Capital Gains Approval to Offer Crypto Investment Strategies to Professional Investors in Hong Kong

HashKey Capital has received regulatory approval from Hong Kong’s Securities and Futures Commission (SFC) to offer discretionary account management services for cryptocurrencies. This milestone allows the firm to provide professional crypto investment strategies, targeting wealthy and institutional investors.

In a blog announcement on Wednesday, HashKey Capital confirmed that with the approval under its existing Type 9 license, it is now authorized to manage investment products involving spot crypto, derivatives, and over-the-counter (OTC) trades. This move significantly broadens the firm’s capabilities, enabling it to offer tailored crypto investment solutions to high-net-worth clients.

Expanding Services to Meet Growing Demand

Vivien Wong, Partner at Liquid Funds, explained that many investors have historically been hesitant to enter the cryptocurrency space due to its inherent risks. However, with the launch of HashKey Capital’s discretionary account management services, these professional investors can now feel more confident exploring the sector.

“Through our discretionary account management services, we provide clients with the confidence to explore this sector,” said Wong, underscoring the firm’s commitment to easing entry into the crypto market while managing associated risks.

The approval also allows HashKey Capital to manage portfolios across several pre-approved crypto exchanges, offering clients more flexibility in their investments. As part of the service, the firm will handle everything from asset allocation to monitoring and rebalancing, ensuring clients can focus on their broader financial goals.

Hong Kong Strengthens Crypto Ambitions

The approval for HashKey Capital comes as Hong Kong continues to push forward with its ambitions to become a global cryptocurrency hub. The city’s regulatory body, the SFC, is actively expanding its efforts to oversee the virtual asset industry. In a recent budget proposal for the 2025–26 fiscal year, the SFC outlined plans to hire 15 new staff members, including eight dedicated solely to virtual asset regulation.

The SFC’s budget for the next fiscal year is projected to reach HK$2.59 billion ($332.4 million), marking a 7.2% increase from the previous year. This expansion reflects Hong Kong’s increasing commitment to creating a comprehensive and robust regulatory framework for digital assets.

With its latest approval, HashKey Capital is now positioned to tap into the growing demand for professional-grade crypto investment strategies in Hong Kong. The firm’s ability to offer tailored, regulated investment products marks a significant step in the ongoing maturation of the crypto space in the region.