Hong Kong's largest licensed digital asset exchange, HashKey Exchange, today announced the official activation of the settlement account opened at DBS Bank, and based on that account, it has launched fiat deposit and withdrawal as well as trading settlement services. This cooperation is another important progress following last year's establishment of a corporate account by HashKey Exchange at DBS Bank.

With the launch of this account service, HashKey Exchange has also integrated DBS Bank's same-name virtual account service. This service provides clients with same-name deposit, fund identification, and automatic reconciliation functions based on standard accounts, improving the efficiency of deposits and withdrawals. For institutions and corporate clients with high-frequency, large, or complex reconciliation needs, the same-name virtual account service can provide transparent and clear fund tracking, thereby enhancing the supervision of fund flows, improving transparency, and optimizing compliance and risk control processes, comprehensively enhancing the fund management experience of corporate users in the digital asset trading process.

The cooperation between the two parties is extending from the corporate operating account level to core business infrastructure elements such as client fund segregation, fiat deposit and withdrawal processing, and trading settlement. With HashKey Exchange officially using DBS Bank's settlement banking services, its service capabilities in fiat fund clearance and settlement will be further enhanced, bringing more efficient and secure fiat fund management and asset trading connection services to institutional and corporate clients.

Regarding this cooperation, HashKey Exchange's chief executive officer, Ru Haiyang, stated: “We are very honored to further expand our account service cooperation with DBS Bank. The launch of customer fund accounts and same-name virtual account services not only significantly enhances the trading efficiency and reconciliation convenience for corporate clients. In the future, HashKey Exchange will continue to expand its account service network with top banks globally, continuously improving institutional-level service capabilities, and providing safe, compliant, and efficient trading infrastructure support for more clients from traditional financial institutions, corporate clients, and professional investors.”

About HashKey Exchange

HashKey Exchange is a digital asset exchange under the publicly listed company HashKey Holdings Limited ( 3887.HK), committed to setting new standards for virtual asset exchanges in compliance, fund security, and platform safety. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong, currently approved by the Hong Kong Securities and Futures Commission (SFC), holding Class 1 (securities trading) and Class 7 (providing automated trading services) licenses under the Securities and Futures Ordinance, as well as a virtual asset trading platform operating license under the Anti-Money Laundering and Terrorist Financing Ordinance, legally operating a virtual asset trading platform. HashKey Exchange has obtained ISO 27001 (information security) and ISO 27701 (data privacy) management system certifications. To comply with relevant laws and regulations, HashKey Exchange does not provide services to users from mainland China, the United States, and several other jurisdictions.

*As of May 18, 2026, HashKey Exchange is ranked 11th on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.

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