HashKey joins DTCC digital assets group as first Asian member
6.7 Investments HashKey Group joins DTCC’s digital assets group as its first Asian member, helping set global standards for tokenized assets ahead of DTCC’s October tokenization service launch.
HashKey Group has become the first Asian digital asset service provider to join the Depository Trust & Clearing Corporation’s (DTCC) Digital Assets Advisory Services Industry Working Group. This group now includes over 100 global financial institutions and asset managers, such as JPMorgan Chase, Goldman Sachs, Nasdaq, and the New York Stock Exchange. Their goal is to establish standards for the issuance, settlement, and safeguarding of tokenized assets in institutional finance. HashKey brings valuable Asia-Pacific regulatory experience and expertise in tokenization, having participated in projects across Hong Kong and other regions. The working group was formed to bridge traditional finance with decentralized finance infrastructure, focusing on integrating digital assets into conventional markets. DTCC, which holds custody of $114 trillion in assets, plans to launch tokenization services in October. This could enable blockchain-based transfers for securities lending, repo, and ETF transactions. HashKey’s participation is expected to help shape industry standards and expand the global reach of tokenized assets.
