Tokyo Hash, a licensed cryptocurrency service provider under Asia's digital asset financial services group HashKey Group, announced a comprehensive transformation and officially upgraded to HashKey Japan. This move is not only an important step in the company's long-term development strategy in Japan, but also signifies a shift in its business from purely trading services to a new phase of asset management and on-chain institutional solutions.
HashKey Japan is committed to becoming the preferred channel for local businesses to enter the digital asset industry. This upgrade reflects HashKey Group's determination to deepen its presence in the Japanese market. On August 25, HashKey Japan held a closed-door luncheon in Tokyo, inviting several large Japanese enterprises that are actively exploring Web3 opportunities to attend. During these discussions, HashKey Japan and the attendees explored how to collaboratively create innovative solutions to help businesses smoothly enter the blockchain industry. This series of interactions demonstrates that the company aims not only to deliver technology and services but also to advance digital financial practices in collaboration with the local market.
Since its establishment in 2018, HashKey Japan has consistently prioritized safety and compliance, strictly adhering to the Payment Services Act, relevant regulatory guidelines, and the industry rules of the Japan Cryptocurrency Exchange Association. In June 2021, the company obtained registration as a cryptocurrency trading service provider, laying the foundation for its subsequent transformation towards institutional and professional investors. CEO of HashKey Japan, Deng Chao, stated that the brand upgrade is an important milestone in the company's development, marking the shift of HashKey Japan's business focus from pure trading to asset management and on-chain services. He emphasized that Japan has always held a priority position in the group's strategy, and the company will continue to provide solutions that meet the highest industry standards, are compliant, and innovative.
From Tokyo Hash to HashKey Japan, the upgrade of HashKey is not just a change of name but also a shift in business direction. In the future, in addition to trading and OTC services for high-net-worth clients, HashKey Japan will gradually expand its asset management business, including funds, ETFs, and structured products, and promote the implementation of on-chain services, such as decentralized finance products, stablecoins, and tokenization of real-world assets.
HashKey Group is a leading one-stop digital asset financial service provider in Asia, covering trading, asset management, and infrastructure development. The transformation and upgrade of HashKey Japan is an important step in the overall strategy of the group, leveraging the network advantages established by the group in locations such as Hong Kong, Singapore, Tokyo, and Shanghai, combined with global experience and local market insights to promote the development of digital finance in Japan.
About HashKey Japan
HashKey Japan, a strategic subsidiary of HashKey Group in Japan, covers three major areas of business: first, trading services, including fiat currency deposits and withdrawals as well as spot trading; second, asset management, encompassing active and passive investment strategies, including funds, ETFs, and structured products; third, on-chain solutions, involving decentralized finance, stablecoins, and tokenization of real-world assets. Leveraging Japan's forward-looking regulatory environment, HashKey Japan will partner with local collaborators to promote ecological development and facilitate the broader application of digital assets in Japan's financial system.