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HashKey and imToken announced a strategic partnership towards enhancing retail crypto adoption.
imToken becomes HashKey’s official non-custodial wallet provider.
Hong Kong-licensed crypto platform HashKey Exchange and non-custodial crypto wallet provider imToken have partnered to promote crypto adoption across the retail market.
In a press release published on Wednesday, HashKey Exchange said the companies will look to leverage both Web2 and Web3 strengths to offer secure asset management for customers. The companies are looking to integrate non-custodial wallet services with compliant fiat deposits and withdrawals.
Accordingly, HashKey will provide a trusted and compliant trading platform for imToken users. Meanwhile, mToken is now the exchange’s official non-custodial wallet partner, providing self-managed crypto services to HashKey Exchange users.
“We are excited to partner with imToken, a renowned name in the decentralised wallet space,” said Livio Weng, COO of HashKey Group. “By combining HashKey Exchange’s regulated trading platform with imToken’s secure and decentralised capabilities, we aim to bring virtual asset management experience to the next level.”
Creating a trusted fiat gateway
According to HashKey, collaboration with imToken will catalyse growth across the ecosystem by removing the barriers between fiat and digital assets and between custodial and non-custodial services.
Building on strengths of a trustless platform and HashKey’s compliance is key to this goal, which should see users benefit from a secure fiat gateway, the companies said in the press release.
imToken CEO and founder Ben He, commented that the partnership with HashKey Exchange is a significant step in the quest to create a seamless and secure crypto ecosystem.
“Together, we empower users to take control of their assets while ensuring they have access to a trusted fiat gateway for a holistic Web3 experience,” He added.
HashKey officially launched its trading platform for retail users on August 28, offering support for Bitcoin, Ethereum and USDT trading pairs. The platform also offers direct bank deposits for USD and HKD.
The launch followed the exchange’s landmark approval and licensing by Hong Kong’s Securities and Futures Commission (SFC) as a virtual asset trading provider for retail. The SFC recently issued a warning to crypto exchanges purpoting to have secured approval to offer crypto trading to retailers.
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