HashKey Group’s crypto fund HashKey Capital Limited has been granted an uplift of its Type 9 asset management license by the Securities and Futures Commission (SFC) of Hong Kong to manage funds exclusively investing in virtual assets.

With this, the fund joins the first batch of Hong Kong’s licensed virtual asset managers operating in compliance with the SFC’s “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets” published in October 2019.

“HashKey Group was among the first enthusiasts and advocates of the crypto industry. This Type 9 license uplift reinforces our commitment to fostering and advancing the blockchain community in Hong Kong and across Asia,”

said HashKey Group Chairman Dr. Xiao Feng.