HashKey Exchange and Animoca Brands Forge Strategic Alliance

A Memorandum of Understanding (MoU) has been signed between HashKey Exchange, the well-known licensed virtual asset exchange with headquarters in Hong Kong, and Animoca Brands, the pioneer in defending digital property rights in gaming and the metaverse. This is a revolutionary step in their partnership. This alliance holds great potential to transform the virtual asset market and advance the adoption of blockchain technology in the digital entertainment industry.

Under the MoU, HashKey Exchange and Animoca Brands are set to embark on a journey of collaborative ventures, exploring opportunities and strategic developments in the realm of virtual assets. A key focus of this collaboration is the initiation of public education activities about Web3, shedding light on the transformative potential of decentralized technologies. Furthermore, discussions are underway for the potential listing of select virtual assets on HashKey Exchange, marking a significant step toward expanding the virtual asset trading landscape.

Commitment to Compliance and Innovation

As a tangible manifestation of their commitment to compliant virtual asset trading, Animoca Brands will establish an account on HashKey Exchange. This move underscores a shared dedication to upholding industry standards and ensuring a secure, regulated environment for users engaging in virtual asset transactions. Livio Weng, HashKey Group COO and HashKey Exchange CEO, expressed enthusiasm about the partnership, emphasizing its role in driving growth and innovation within the digital entertainment industry.

“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,” said Livio Weng.

The strategic partnership extends beyond conventional collaborations, with HashKey Group, the parent company of HashKey Exchange, aspiring to become a key builder of infrastructure in the Asian Web3 digital entertainment ecosystem. By leveraging cutting-edge technologies such as smart contracts and zero-knowledge proofs, both Animoca Brands and HashKey Group aim to push the boundaries of innovation and funding, contributing to network security and operational efficiency in the digital entertainment sector.

Yat Siu, co-founder and executive chairman of Animoca Brands, shared his perspective on the collaboration: “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.”

In a rapidly evolving digital landscape, the HashKey Exchange and Animoca Brands alliance promises to be a catalyst for transformative change, ushering in a new era of possibilities in the realm of virtual assets and digital entertainment. Stay tuned as these industry leaders continue to shape the future of the metaverse.