HashKey Exchange Receives Approval from J.P. Morgan Chase to Open Client Fund Accounts

Comparatively, HashKey Exchange, a licensed cryptocurrency exchange in Hong Kong, has received approval from J.P. Morgan to open customer fund accounts. HashKey Holdings said the account will support customer fund segregation and settlement through J.P. Morgan Chase Bank infrastructure.

HashKey Exchange launched DBS Bank Singapore customer fund accounts on June 30, supporting fiat currency deposit, withdrawal and settlement services. HashKey Holdings merged the previously independent HashKey Exchange and HashKey Global applications into a single portal a week ago.

HashKey Holdings went public in Hong Kong in December last year and raised $206 million through an oversubscribed initial public offering.