PANews reported on February 18 that HashKey Exchange, Hong Kong's largest licensed virtual asset exchange, has reached a cooperation with Deutsche Bank to add a new Deutsche Bank deposit channel on the HashKey Exchange platform to further enrich the user trading experience.

Through this cooperation, Deutsche Bank will provide fiat currency deposit and withdrawal services for HashKey Exchange. The service is based on Deutsche Bank's API virtual account solution. Users can deposit Hong Kong dollars (HKD) or US dollars (USD) directly into the virtual account managed by Deutsche Bank. This adds a new option for users in addition to HashKey Exchange's existing deposit channels, improving the trading experience.

Ole Matthiessen, Head of Corporate Banking APAC, MEA and Global Head of Cash Management at Deutsche Bank, said: “We are delighted to be able to help HashKey expand its solution portfolio and enhance the client experience. Our expertise in serving clients in the fintech, platform and digital economy sectors enables us to work closely with HashKey Exchange to help it reach the next level of operations and achieve long-term growth.”

Ru Haiyang, Chief Risk and Compliance Officer of HashKey Group, said: "The cooperation with Deutsche Bank is an important step for HashKey Exchange to strengthen its banking partnerships. By integrating Deutsche Bank's API-based virtual account solution, we provide users with more flexible and convenient fiat currency deposit and withdrawal services. In the future, HashKey Exchange will continue to expand banking cooperation channels, optimize user experience, and always put the security of user funds first."