Cryptoknowmics
2022-09-13 07:28:05

HashKey Receives Approval To Manage 100% Crypto Portfolio

HashKey Capital Limited of Hong Kong said it had obtained a Type 9 asset management license from the Securities and Futures Commission (SFC) of Hong Kong, enabling it to manage portfolios entirely of cryptocurrencies. HashKey Capital is excited to share that HashKey Capital Limited, has been granted an uplift of its Type 9 asset management license by the SFC of Hong Kong, so as to manage a portfolio of 100% virtual assets. Read more:https://t.co/NDOCvsSvA8 — HashKey Capital (@HashKey_Capital) September 13, 2022 Launch Of New Blockchain Fund HashKey Group launched a $360 million new blockchain fund earlier this year, and it has since made investments in well-known projects, including the Polkadot blockchain and the decentralized exchange dYdX. “Proforma Terms and Conditions for Licensed Corporations who Manage Portfolios that Invest in Virtual Assets” was released by the SFC in October 2019. The document explains the operational and legal compliance standards it expects of asset managers looking to broaden the scope of their business to include investing in virtual assets. HashKey Group Created Ecosystem The HashKey Group has consistently insisted on adhering to and honoring local jurisdictional laws in keeping with its worldwide ambition. It has thus gradually created an ecosystem that links Web3 business owners, programmers, communities, and decision-makers who are all committed to building a just and sustainable environment ...

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