HashKey Exchange, a virtual asset exchange based in Hong Kong, and Animoca Brands, a firm specialising in digital property rights for gaming and the metaverse, have entered a strategic partnership, formalised through a Memorandum of Understanding (MoU).

This collaboration seeks to strengthen the Web3 and digital entertainment ecosystem in Asia by exploring cooperative opportunities in virtual assets, including public Web3 education and potential asset listings on HashKey Exchange.

Animoca Brands will also open an account on HashKey Exchange, underscoring a shared dedication to the compliant trading of virtual assets.

As part of their alliance, both companies will focus on building infrastructure within the Asian Web3 digital entertainment landscape, emphasising network security and operational efficiency.

They plan to utilise advanced technologies such as smart contracts and zero-knowledge proofs to bolster blockchain infrastructure operations, aiming to integrate blockchain technology more seamlessly into digital entertainment.

Livio Weng, HashKey Group COO and HashKey Exchange CEO said,

“We are excited to partner with Animoca Brands, a pioneer in blockchain and digital property rights. This collaboration is a testament to our commitment to providing diverse and innovative offerings to our users. The goal of this partnership is to stimulate the growth and innovation of the digital entertainment industry.”

Yat Siu, co-founder and executive chairman of Animoca Brands, said,

“Partnering with HashKey Exchange aligns with our mission to make blockchain technology and true digital ownership more accessible to a global audience. We look forward to contributing to the vibrant community at HashKey and providing engaging educational content through HashKey Academy.”

Featured image credit: Edited from Freepik