HashKey Group, a leading digital asset financial services group in Asia, announced a strategic partnership with Kraken, a long-established global crypto trading platform, to jointly promote the implementation and popularization of institutional-grade asset tokenization in the Asia-Pacific region. The two parties will integrate resources and collaborate on product, ecosystem, and market expansion to accelerate the integration of traditional finance and crypto assets, unlocking the potential of the Asia-Pacific market in the tokenization of real-world assets (RWA).
Three major areas of cooperation
Both HashKey and Kraken believe that the bridge between traditional finance and digital assets is creating a trillion-dollar market opportunity. As more institutional funds prepare to enter the tokenization arena, the two companies will explore several strategic directions through this collaboration, including:
1. Market Co-construction and Product Synergy – Both parties will coordinate market strategies, jointly promote the development of on-chain products for institutions, and connect Eastern and Western markets.
2. Ecosystem Expansion and Regulatory Collaboration – Integrate resources to support the developer ecosystem, industry exchange, and regulatory dialogue, facilitating tokenization development across jurisdictions.
3. Brand and Education Promotion – Launch joint branding campaigns to raise market awareness of the innovation and practical application value of tokenized assets, helping them become an important component of modern diversified investment portfolios.
Dr. Xiao Feng, Chairman and CEO of HashKey Group, stated, “This strategic partnership opens up significant opportunities for the digital finance sector. By integrating Kraken’s institutional service capabilities with HashKey’s infrastructure and regulatory advantages in Asia, we are building a more robust East-West cooperation platform for this rapidly developing field.”
“The tokenization of financial products represents a major evolution in market infrastructure,” said Arjun Sethi, co-CEO of Kraken. “Our partnership with HashKey reflects our shared vision of driving increased institutional participation globally, especially in markets with well-defined regulatory frameworks and robust infrastructure.”
About HashKey Group
HashKey Group is a leading Asian digital asset financial services group with a global footprint. Since 2018, within a highly compliant regulatory framework, HashKey Group has built a global Web3 ecosystem spanning Hong Kong, Singapore, Japan, Bermuda, and other locations. This includes: HashKey Exchange (Hong Kong's largest* licensed virtual asset exchange), HashKey Global (a virtual asset exchange), HashKey MENA (a virtual asset exchange licensed by the Dubai Virtual Asset Regulatory Authority (VARA)), HashKey Capital (a global asset management institution focused on investing in blockchain technology and digital assets), HashKey OTC (providing compliant digital asset OTC trading services), HashKey Cloud (a world-leading Web3 infrastructure provider), and HashKey Tokenisation (a tokenization service provider). HashKey Group also boasts a rich on-chain ecosystem, having developed the Ethereum L2 HashKey Chain and launched its ecosystem coin, HSK. HashKey Group will continue to drive the feasibility of large-scale applications of blockchain technology across multiple fields, providing trustworthy and accessible digital asset services to billions of users worldwide.
*As of October 16, 2025, HashKey Exchange is ranked 16th on Coingecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.
HashKey Group Standard Term | HashKeyGroup
About Kraken
Founded in 2011, Kraken is one of the world's oldest and most secure crypto asset platforms, supporting over 500 digital assets, traditional assets such as US futures, US stocks and ETFs, as well as 6 fiat currencies (GBP, EUR, USD, CAD, CHF, AUD).
The platform currently serves over 15 million institutional and individual users, and its product portfolio includes the Kraken App, Kraken Pro, Kraken Institutional, On-chain Offerings, and the Ninja Trader retail trading platform.
Kraken pioneered the "Proof of Reserves" initiative in the industry, maintaining a global leadership position in security, compliance, and transparency.
For more information, please visit: www.kraken.com
